Swedish fashion retailer H&M said Monday (March 15) that 80 percent of its 5,000 global stores had currently reopened from COVID-related closures, marking a continued rebound in sales and earnings that have been battered by the pandemic. Get the Full Story Complete the form to...
Just as Amazon finally caught up to Walmart in the battle for share of total U.S. retail sales, the dominant digital retailer looks to be aiming to close the last — and only — major category where it lags behind Walmart: food and beverage. Get...
Factory and retail industry activity jumped in China during January and February, coming out ahead of expectations, Reuters reported. 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...
More U.K. consumers are turning to Facebook, Instagram and TikTok to do their shopping as a way to get around protracted pandemic-related retail store closures across Europe, new research shows. According to research from Mastercard, 43 percent of respondents said they are “social shopping” more...
In today’s top retail news, The Buckle, Inc. posted an 18 percent increase in same-store sales, while Kirkland’s Inc. posted a comparable sales rise of 1.8 percent. Plus, a short but optimistic update issued by Burberry provided a lift to the firm, as well as...
Now that’s a lot of bucks. Robux and real bucks. 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...
The last year has been enormously transformative for restaurants. As COVID restrictions and economic fluctuations ate away at traditional revenue sources, the industry took a serious hit. However, the year has also showcased the ingenuity of restaurants, as technological and operational changes were adopted with...
After closing the books on her most challenging year ever with better than expected earnings, Ulta Beauty CEO Mary Dillon told investors that she was also closing the books on her career leading the largest chain of beauty and cosmetics stores in the country. Get...
A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company, as well as the broader luxury segment. Get the Full Story Complete the form to unlock this article and enjoy...
