Inflation may rise and fall, supply chains will ebb and flow, and the pandemic will (hopefully) continue to fade, but Best Buy CEO Corie Barry told investors Thursday (March 3) that the structural changes that have happened over the past two years in terms of...
Although discount retailer Big Lots saw a slight drop in its quarterly net sales in the last three months of fiscal 2021 compared to 2020 and less than 8% growth from the same period two years ago, CEO Bruce Thorn told investors and analysts the...
The slender supermodel calendar girls are gone. The imposing, fortress-like mall stores are steadily vanishing. And the racy collection of skimpy satin and lace lingerie has undergone an extreme makeover to suit the needs of a larger and more casual mainstream. Get the Full Story...
Today in retail, Abercrombie & Fitch go increasingly digital, while Nordstrom’s digital and Rack unit gave it a successful Q4 earnings report. Plus, Urban Outfitters increased its reliance on eCommerce to boost sales. Get the Full Story Complete the form to unlock this article and...
Three months after the parent company of the Dollar Tree and Family Dollar chain of discount stores announced it was “breaking the buck” and lifting its long-standing $1 price format to $1.25, the Virginia-based retailer is at it again. Get the Full Story Complete the...
Urban Outfitters relied increasingly on its digital channel to get customers the fashion apparel they wanted in the fourth quarter of fiscal 2022, which ended Jan. 31, 2022, and while the bottom-line results were promising, the transformation shows there are still some kinks to work...
Seattle-based luxury retailer Nordstrom saw its stock soar over 30% Tuesday evening (March 1) after reporting better than expected Q4 results that were led by improved conditions at its 350-store off-price Rack unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Consumers still want something physical amid their digital shopping experiences, recent research by PYMNTS has found. 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...
Today in retail, Whole Foods Market launches an accelerator program to mentor local food brands, while small businesses look local while acting globally. Plus, AutoZone continues to increase inventory as it opens new stores across North and South America. Get the Full Story Complete the...
