Retail

Retail
Today In Retail: PriceSmart’s Revenues Increase 3.4 Pct; Handy Collaborates With Gotham Properties
April 09, 2021

In today’s top retail news, PriceSmart reported a 3.4 percent rise in total revenues for the second quarter of fiscal 2021, while Handy is partnering with Gotham Properties. Plus, Levi Strauss intends to open new stores. Get the Full Story Complete the form to unlock...

Retail
Online Marketplace Quicklly Brings South Asian Cuisines To Wider Audience
April 09, 2021

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, you agree to receive marketing communications from PYMNTS and...

Retail
Supply Chain Stockouts May Leave Consumers Feeling Pinched
April 09, 2021

Some of the most basic tenets of economic theory rest on the foundation of supply and demand. Simply put, when demand ramps up for goods or services that are in limited supply, the price goes up. Sometimes, supply constraints can be intentional (limited editions, or...

Retail
SMBs Get Back To Media Markets Despite Cash Flow Concerns
April 09, 2021

As the “buy local” message has become an increasingly clear refrain among shoppers during the pandemic period, it has motivated the marketers for small and medium-sized businesses (SMBs) to buy more advertising, increase their social media activities and broaden their mix of channels. Get the...

Retail
McDonald’s Closes In-Walmart Locations, Countering Broader Retail Trends
April 09, 2021

The COVID-19 pandemic has dramatically changed consumers’ dining habits, as many have grown accustomed to enjoying restaurant meals from the comfort of their own homes where previously they may have dined on-premises. McDonald’s, for one, has seen its drive-thru locations perform significantly higher than its...

Retail
Levi’s Adding Stores, Sees First-Half Sales Up 25 Pct On Rising Digital And D2C
April 09, 2021

Apparel giant Levi Strauss said it sees its first-half revenues rebounding 25 percent and plans to open new stores to take advantage of a “commercial real estate tsunami” that has led to record-high mall vacancy rates. Get the Full Story Complete the form to unlock...

Retail
UPS Seeks Faster, Greener Package Delivery, Orders ‘Electric Vertical Takeoff’ Aircraft
April 09, 2021

When it comes to delivering packages, what’s not to love about quiet, fast, cheap and green? 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...

Retail
PriceSmart Reports Rising Revenues Amid Warehouse Club Expansion
April 09, 2021

San Diego-based PriceSmart, which owns and runs warehouse clubs in Latin America and the Caribbean, said its total revenues for the second quarter of fiscal 2021 climbed 3.4 percent. PriceSmart posted 92 cents per diluted share in net income attributable to the company on total...

Retail
Handy Teams With Gotham Properties To Let Tenants Hire Pros For Home Services
April 09, 2021

Handy, an operating business of Angi Inc., has partnered with luxury real estate development company Gotham Properties to let tenants hire a Handy professional for home services work such as in-home furniture assembly, according to a Friday (April 9) announcement. Get the Full Story Complete...