Retail

Retail
Big Lots Exec Says Mobile and Digital Become On-Ramp for Bankruptcy Exit
December 16, 2024

Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
ThredUp CTO Says Data Turns Secondhand Retail Into Top-Shelf Experience
December 16, 2024

The resale retail sector, once considered a niche market fueled by thrifty shoppers and vintage enthusiasts, has emerged as a multibillion-dollar industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With Walmart
December 13, 2024

It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Retail
Costco CEO: Digital Sales Outpacing Overall Growth on ‘Tech Journey’
December 12, 2024

Costco is proving that its digital transformation is more than just a buzzword — it’s driving growth. As the company continues to enhance its eCommerce offerings and streamline member experiences, its first-quarter results (Q3 by the calendar) for fiscal 2025 illustrate a combination of solid...

Retail
Retail’s Digital Transformation: On-Demand Working Capital Powers Expansion
December 12, 2024

Retailers face the daunting challenges of managing inventory, staff, storage, shelf space — and, in most cases, a digital storefront — all while gauging consumer demand, which can be seasonal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Judge Blocks Kroger’s $24.6 Billion Albertsons Deal Over Competition Concerns
December 10, 2024

A federal judge has blocked Kroger’s $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Lord & Taylor to Return as eCommerce Site
December 10, 2024

Regal Brands Global reportedly plans to relaunch department store brand Lord & Taylor as a discount luxury eCommerce platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Retail
Amazon Seller Central to Integrate Intuit QuickBooks for Financial Management
December 09, 2024

Intuit’s QuickBooks will become Amazon’s preferred partner for financial management solutions integrated directly into its site, where Amazon sellers manage their businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Tech Takes the Reins: Digital Innovation Drives Holiday Cheer for Shoppers
December 07, 2024

The holiday shopping season has long been the crown jewel of the retail calendar. But as consumer habits evolve, so too do the tools retailers deploy to attract, engage and convert shoppers. Get the Full Story Complete the form to unlock this article and enjoy...