Retail

Retail
Today in Retail: L’Oréal Rides eCommerce Growth to Successful Year; Kohl’s Board Nearing Overhaul
February 10, 2022

Today in retail, eCommerce sales remain strong in the latest Mastercard SpendingPulse data, while O’Reilly Automotive sets another record for annual revenue. Plus, Mattel rebrands itself as an IP-driven toy company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Grocery Roundup: Grocers Use Direct Catering Ordering to Compete With Instacart; eGrocery Delivery May Come...
February 10, 2022

With online grocery channels proving to be sticky even in periods of lower contagion concerns, many grocers are now finding ways to bring more of their business into the digital sphere. One of the key areas of innovation here in the past several months has...

Retail
eCommerce Sales Outpace Robust 7.2% Retail Jump in New Year, Mastercard Data Show
February 10, 2022

The eCommerce train is showing now signs of slowing down, the latest Mastercard SpendingPulse data released Thursday (Feb. 10) showed.  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
L’Oréal eCommerce Growth Sparks 2021 Sales Spike
February 10, 2022

L’Oréal singled out its eCommerce growth of 25.7% as one of the driving forces behind its successful 2021, which was marked by an overall 16.1% increase in sales, twice the industry standard, according to the company, to 32.28 billion euros ($36.82 billion). Get the Full...

Retail
Mattel Rebrands as ‘IP-Driven Toy Company,’ Touts Disney, Netflix, Warner, Microsoft Deals
February 10, 2022

It might all be fun and games for the kids, but the modern toy industry is no joke.  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...

Retail
Activist Investors Nominating 10 New Kohl’s Board Members
February 10, 2022

Activist investor group Macellum Advisors GP LLC on Thursday (Feb. 10) named the 10 board members it will nominate at Kohl’s upcoming investor day March 7, led by Rutgers Law School educator and diversity consultant Stacy Hawkins and former Macy’s executive Jeffrey Kantor. Get the...

Retail
O’Reilly Automotive Rides Jump in Ship-to-Home, BOPIS
February 10, 2022

Auto parts retailer O’Reilly Automotive has built an increasing level of loyalty among its existing customers and is attracting new ones in new ways, as its comparable store sales—which include online sales — were up for the fourth quarter of 2021 and for the full...

Retail
Via.Delivery Debuts Buy Online, Pickup Anywhere for U.S. eCommerce Shoppers
February 09, 2022

Shipping and delivery platform Via.Delivery on Tuesday (Feb. 8) launched an eCommerce fulfillment offering called Buy Online, Pickup Anywhere (BOPA) that allows shoppers to get their orders at more than 66,000 locations across the U.S. and around the world, according to a company announcement. Get...

Retail
Today in Retail: CVS Investing $3B in Tech Upgrades; Tractor Supply Focuses on Digital Sales...
February 09, 2022

Today in retail, Macy’s is combatting organized retail crime with RFID while SkyPad and Saks Off 5th team up on performance analytics. Plus, Tractor Supply is looking to double its digital sales growth this year and CVS will use digital connectivity to keep new customers...