Retail

Retail
Retailers Face Brand New Competitor: Gas Prices
March 07, 2022

Having endured two years of COVID, waves of lockdowns, a mash-up of mask mandates, sporadic business restrictions, extensive wage and labor challenges and more, the nation’s beleaguered retail industry is now facing a brand new competitor that could prove to be its most challenging headwind...

Retail
Today in Retail: GameStop Beefs up Legal Team; Snipes Acquires Expressions to Expand US Footprint
March 04, 2022

Today in retail, Costco tries to control costs as inflation continues to rise, while Gap’s muted sales report doesn’t scare investors. Plus, Petco adds vet services through the acquisition of Thrive Pet Healthcare. Get the Full Story Complete the form to unlock this article and...

Retail
Last-Mile Delivery Firm Tortoise Turns to Mobile Vending Machines
March 04, 2022

With the quick rise in self-service adoption seen in the past couple of years, consumers increasingly seek out purchasing options that put them in the driver’s seat. Concurrently, with today’s labor challenges, restaurants and grocers are struggling to staff their stores and as such are...

Retail
Costco Competes With Itself on Price via Unusual ‘Jewelry and Tires’ Product Mix
March 04, 2022

In an industry that typically compares apples and oranges, it’s not every day you hear a major retailer discuss the relative strength of its “jewelry and tires” sales in the same breath. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Gap Sees Stock Rise Despite ‘Muted’ Sales Report
March 04, 2022

Gap saw its stock rise late Thursday (March 3) after the clothing retailer presented a positive profit picture for the year ahead, despite “muted” sales caused by store closures and supply chain issues. Get the Full Story Complete the form to unlock this article and...

Retail
AMZN vs WMT Weekly: War and Worries Eclipse Moves in Beauty and Books
March 04, 2022

Much has been written about the “battle” between America’s top-two retailers and the “war” that these rivals are engaged in to sell more stuff to more people in more ways. But after a week of actual war in Ukraine, those analogies suddenly seem trite —...

Retail
Brands Expect Hit to Bottom Lines as They Respond to Ukraine Invasion
March 03, 2022

Just as the omicron variant of the coronavirus was starting to ease — and supply chain woes with it — Russia invaded Ukraine, triggering new fears of a different kind of retail disruption extending into 2022. Get the Full Story Complete the form to unlock...

Retail
Grocery Roundup: Target Leverages F&B to Drive Loyalty; Grocers Invest in First-Party Fulfillment
March 03, 2022

Target is leveraging its eCommerce strength in grocery to drive the business’s overall growth. On a call with analysts Tuesday (March 1) discussing the retailer’s fourth-quarter and full-year 2021 earnings, Target executives highlighted the central role that this category has come to occupy. Get the...

Retail
Auto Parts Stores Add Digital Tools as More Cars Return to the Road
March 03, 2022

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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...