Retail

Retail
Today In Retail: Walmart Looks For Crypto Leader; Walgreens Launches Health-Focused Credit Card
August 16, 2021

In today’s top retail news, Walmart is pushing ahead with its digital currency and cryptocurrency ambitions, and Walgreens has launched a new branded credit card that rewards consumers for healthy living choices. Also, some shopping malls are looking at what to do with an increasing...

Retail
Biden’s Food Stamps Boost Could Be Good News For Amazon And Walmart eGrocery
August 16, 2021

The Biden administration’s confirmed increase to the Supplemental Nutrition Assistance Program (SNAP) Electronic Benefit Transfer (EBT) could be good news for Walmart, which has already been seeing strong grocery sales in recent months. It could be even better news for Amazon, which can draw more...

Retail
After Brief Mid-Summer Surge, Weak And Stagnant Malls Threatened By Fresh Headwinds
August 16, 2021

As vaccination rates increase, socialization outside the home resumes and consumers work on their back-to-school shopping lists, experts have pointed to the shopping mall as a place that is distinctly benefitting from consumer demand. Get the Full Story Complete the form to unlock this article...

Retail
Bespoke Beauty Brands To Launch Line Of Men’s Products
August 16, 2021

Beauty brand incubator Bespoke Beauty Brands will debut a new skincare brand for men on Friday (Aug. 20). 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
Hyatt Grows Luxury Travel Brand With Apple Leisure Group Deal
August 16, 2021

Hyatt Hotels Corp. said Monday (Aug. 16) it plans to acquire luxury resort-management services, travel and hospitality company Apple Leisure Group (ALG) from affiliates of KKR and KSL Capital Partners LLC for $2.7 billion in cash. Get the Full Story Complete the form to unlock...

Retail
Walgreens To Incentivize Healthy Living Choices With New Credit Card Rewards Program
August 16, 2021

After over 18 months of living through the COVID-19 pandemic, consumers are more aware than ever that “healthcare” goes beyond just an annual doctor’s appointment — as total wellness is an important element of the health of consumers both physically and financially. Get the Full...

Retail
Retailers Aren’t Waiting For Fall To Harvest Pumpkin-Spiced Profits
August 14, 2021

Would Ichabod Crane be celebrating the early appearance of anything pumpkin-related? Doubtful. Fiction’s favorite Cucurbitophobic fellow found pumpkins off-putting after his “Sleepy Hollow” ordeal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Retail: Restructured Neiman Marcus Focused On Its Core; Antiques And Art Start Embracing...
August 13, 2021

In today’s top retail news, Neiman Marcus’ new strategy has some experts bullish about the brand’s prospects post-bankruptcy, while auction houses and art dealerships are figuring out how to deliver a seamless digital experience for consumers. Also, eCommerce platform Wish warns investors it may not...

Retail
Today in Food Tech: Venmo Comes To Supermarkets; Restaurants Respond To Vaccine Mandates
August 13, 2021

Today in restaurant and grocery tech news, Giant Eagle becomes the first grocery chain in the country to accept PayPal and Venmo payments, while cities across the country begin mandating vaccinations for indoor dining. Plus, Ken Venturi, CEO of prepared foods brand Martha Stewart Kitchen,...