The grim reality of erratic consumer spending patterns has changed back-to-school sales projections. At a time when the season should be in full swing, many seasonal predictions have been withdrawn or changed from optimism to caution. Get the Full Story Complete the form to unlock...
The mega-retail blowout continued this week, as Target posted record Q2 earnings Wednesday (Aug. 19) with evidence that the digital shift is moving from pandemic phenomenon to a consistent reality. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Lowe’s Companies, Inc. reported on Wednesday (Aug. 19) that Lowes.com sales have skyrocketed 135 percent and U.S. comparable sales increased 35.1 percent for the second quarter. The company also invested $460 million in the quarter to help its workers and communities due to the pandemic,...
TJX Cos. announced on Wednesday (Aug. 19) that its overall “open-only comp store” sales were down 3 percent compared to last year for Q2 FY21. The firm said it reopened 4,500 retail locations throughout the globe, as well as its eCommerce websites, during the quarter,...
In commerce as in life, progress is often either permanent or ephemeral. In which camp the fledgling U.S. retail recovery rests remains to be seen. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The debilitating effect of the pandemic on airports has them revisiting how exactly they’ll use their retail space, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The great digital shift has left no vertical untouched, changing the way we browse for, select and buy … pretty much everything. That includes big-ticket items like cars and trucks that once involved the process of kicking the literal tires. Get the Full Story Complete the...
Walmart rode another eCommerce blowout and strong performance in its grocery business to a second quarter that exceeded all expectations and showed its continued growth during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Payless ShoeSource is making a comeback, despite a raging pandemic and a sketchy economic recovery. The brand, which was first launched in 1956 and declared bankruptcy in February 2017 and again in 2019, will lead with a stepped-up eCommerce presence and an ambitious store opening...
