With the strength of its eCommerce business, Target is quickly becoming a major player in grocery. Discussing its third-quarter 2021 financial results on Wednesday (Nov. 17), the retailer announced comparable sales growth in the food and beverage category in the mid-teens percentage range, on top...
Ports are backed up, trucks (though not nearly enough of them) are driving day and night to retail distribution centers from those ports, and retailers are in a frenzied search for seasonal hires from the warehouse to the sales floor. Meanwhile, the pandemic malingers, making...
To keep consumers buying, tamp down the sticker shock. 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,...
Google Maps is becoming a grocery aggregator. On Tuesday (Nov. 16), the company announced in a blog post that after an initial test in Portland, Oregon during the spring, Google has now rolled out pickup features for more than 2,000 grocery stores across 30 states....
Fashion, at its core, is a social experience, with people sharing their favorite looks and trying to replicate outfits worn by friends, celebrities and style icons. But often, it’s difficult to find the right item to complete the look because consumers don’t know the right...
Same-day services and in-store sales propelled Target’s sales growth in the third quarter, with executives at the Minnesota-based retailer saying they have the inventory and logistics capacity in place to meet customer demand across the holiday season no matter where the shopping journey begins or...
Discount apparel and home goods retailer The TJX Companies on Wednesday (Nov. 17) said third-quarter sales were up 24% year-over-year and up 20% compared to the same time two years ago as consumers continue to refresh their wardrobes. Get the Full Story Complete the form...
Lowe’s Companies, Inc. on Wednesday (Nov. 17) reported $22.9 billion in total sales for the third quarter of fiscal 2021, ended Oct. 29, up from $22.3 billion at the same time in 2020. Get the Full Story Complete the form to unlock this article and...
In today’s top retail news, retail sales grew for the third month in a row in October, while Walmart says its omnichannel approach and infrastructure investments have prepared it to meet customer demand this holiday season. Also, Chase has partnered with delivery platform Gopuff to...
