Both Amazon and Walmart have seen their shares of the clothing and apparel category slowly slip for two quarters in a row, as consumers have begun returning to more stylish and trendy retailers that they favored prior to the pandemic in order to refresh their...
American Eagle Outfitters saw its revenue jump 35% to a company-record $1.19 billion in the second quarter of fiscal 2021, up $311 million from Q2 of 2020, riding higher full-priced sales, reduced promotions and controlled costs to a three-month peak for the company. Get the...
Five Below added 34 new stores across 19 states in the second quarter amid growth in sales, as millennials and bridge millennials struggle to pay bills despite healthy paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Kirkland’s, Inc., struggled in the second quarter of fiscal 2021, watching net sales and comparable sales dip, but the company remains confident it has the infrastructure in place to achieve its long-term financial goals. Get the Full Story Complete the form to unlock this article...
Online pet supply retailer Chewy is currently testing a new marketplace for veterinarians to help them grow clinic revenues and improve experiences for pet owners, with the goal of rolling out the service to more providers later this year. Get the Full Story Complete the...
For anyone who has experienced fraud — be they retailer, restaurant or consumer — it’s a nightmare situation of filled with stress, lost time and money, as well as shattered trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In today’s top retail news, brands are looking to lend consumers apparel in a bid to increase conversion rates, while Walmart is adding 20,000 employees to its supply chain to help ease bottlenecks. Also, Afterpay is bringing its DROPSHOP shopping experience to the Big Apple...
Canada’s Ghost Kitchens is broadening its collaboration with Walmart with the opening of its first U.S. location in Rochester, New York. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Walmart is delving further into the ghost kitchen space, opening a location with up to 25 restaurant brands in Rochester, N.Y. Ghost Kitchen Brands announced Wednesday (Sept. 1) that it is expanding its partnership with the retailer, which has until this point only featured locations...
