Retail

Retail
Lowe’s To Provide $80 Million In Bonuses, Hire Over 50,000 Workers
January 29, 2021

Lowe’s Companies, Inc. will provide its front-line workers with a further $80 million in discretionary bonuses and intends to bring over 50,000 workers on board throughout U.S. stores this spring, according to an announcement. Get the Full Story Complete the form to unlock this article...

Retail
Uber Eats Unveils Medication Delivery In New York City With Nimble
January 29, 2021

After a successful prescription delivery test in Houston, Austin and Dallas, Uber Technologies, Inc. revealed plans to grow its on-demand prescription delivery in New York City, fueled by Nimble. Nimble, a quickly expanding prescription delivery service, links neighborhood pharmacies with delivery, according to an announcement....

Retail
Digital-First Down Under: Visa Report Shows Changes Coming For In-Store Shopping
January 29, 2021

Australia, like many places in the world, has seen its commerce landscape reset by the COVID-19 pandemic and the changes it forced on consumers and merchants. It’s a story told clearly by the numbers, according to PYMNTS’ Global Digital Shopping Index, part of which is dedicated...

Retail
Today In Retail: Walmart Expands Advertising Offerings, Neiman Marcus Group To Invest In Supply Chain
January 28, 2021

In today’s top retail news, Walmart unveiled an extended purview and a new brand for its media business, while Neiman Marcus Group is investing in its supply chain. Plus, Walmart has chosen to bolster the number of stores that will also function as local fulfillment...

Retail
Airbnb Thinks Consumers Will Travel For Friends, Family Over Tourism
January 28, 2021

Airbnb, in a newly-released report, predicts 2021 will see a greater amount of regional traveling. 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,...

Retail
Coresight Expects Up To 10K Retail Stores To Close In US This Year
January 28, 2021

A retail industry researcher and forecaster issued a report on Thursday (Jan. 28) saying that as many as 10,000 stores could close in the U.S. in 2020. On the upside, U.S. store openings could reach 4,000 this year, with the big winners being grocery discounters...

Retail
Chipotle To Test Curbside Pickup At 29 Locations
January 28, 2021

Chipotle Mexican Grill on Thursday (Jan. 28) announced a pilot test of its new carside pickup program. Chipotle Carside will be tested at 29 of the chain’s California restaurants, with plans for a national rollout later in 2021. The feature will be available exclusively through...

Retail
McDonald’s Sees US Sales Boost; Global Performance Sags
January 28, 2021

McDonald’s fell short of expectations in the final quarter of 2020. Revenue amounted to $5.31 billion, short of the $5.37 billion expected, while earnings per share were $1.70, eight cents short of the expected EPS, reported CNBC. Global sales fell 1.3 percent, U.S. comparable sales...

Retail
Walmart’s Media Business Gets New Name, Grows Advertising Offerings
January 28, 2021

Walmart introduced an extended purview and name for its media business, which was previously called Walmart Media Group and is now known as Walmart Connect. The retailer said the new name reflects its capacity to strengthen the link between companies and its 150 million weekly...