As newly vaccinated consumers return to restaurants for dine-in experiences, grocery sales remain elevated, but growth is slowing. In a news release on Monday (May 3), Publix announced that sales for the first quarter of 2021 totaled $11.7 billion, a 3.9 percent increase year over...
If earnings season has a common theme, beyond the verticals – it doesn’t matter if it’s been the payment networks, the ride-hailing firms or the retailers – it’s that the consumer has been resilient. And also, they’re venturing outside their homes more, which means they’ll...
Macy’s has partnered with buy now, pay later (BNPL) firm Klarna to exclusively offer its “Pay in 4” solution across all Macy’s brands and websites, Klarna announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cooped-up U.S. consumers are eager to dress up, get out, eat in restaurants and reconnect with the world, new economic analysis shows. The April Mastercard SpendingPulse report showed that U.S. retail sales jumped 23.3 percent last month versus a year ago, marking the latest indication...
With 3,700 products sold through 100 different channels in 28 countries and over $350 million in sales last year, Berlin Brands Group (aka BBG) may be the biggest D2C eCommerce player you’ve never heard of. Get the Full Story Complete the form to unlock this...
Wayfair, the furnishings and home goods eCommerce platform, reported as part of its financial results that total revenue surged by 49.2 percent year over year to $3.5 billion in the first quarter of 2021, according to a Thursday (May 6) announcement. Get the Full Story...
Sally Beauty Holdings, which runs approximately 5,000 stores, reported that its second-quarter consolidated same-store sales climbed 6.5 percent as its net sales also increased amid a rise in domestic consumer demand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Mother’s Day, like the December holidays, is a holiday whose main traditions involve gift giving. Compared to the December holidays, however, Mother’s Day has a more limited set of appropriate presents — one rarely receives a PS5 or a Barbie Dreamhouse for Mother’s Day. This...
In today’s top retail news, EVgo announced that it has reached more than a quarter of a million customers on its charging network throughout the country, while TrueCar has rolled out an experimental effort with Roadster. Plus, Office Depot says it is splitting its business-to-business...
