Retail

Retail
Office Depot Closes More Stores In Face Of Falling Profits
August 03, 2016

Office Depot came to the plate with its announced profit for Q2, $210 million — a big step up from the $58 million in losses they were reporting during Q2 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
What Will Retail Look Like In 2020?
August 03, 2016

We all know — and keep hearing almost ad nauseam — all about how the rise of online shopping is changing the very face of the retail industry and consumer habits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Can AI Save eBay?
August 03, 2016

EBay was one of the fledgling internet companies at the center of the dot-com boom of the mid-to-late 1990s, and the online marketplace has outlasted more than its fair share of competitors who have not been so fortunate (hello AOL, Yahoo). However, eBay has had...

Retail
CVS Misses The Street’s Expectations Due To Falling Foot Traffic
August 02, 2016

Though general pharmacy sales were on the incline, general store traffic fell in Q2 for CVS, meaning that the retailer’s growth missed analyst expectations when earnings were announced this morning. Sales were up 2.1 percent, a slight miss on the 2.5 percent forecast ahead of...

Retail
Dunkin’ Donuts Teaming With DoorDash In NYC
August 02, 2016

New Yorkers can now get their Dunkin’ Donuts fix a little bit easier. 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....

Westfield Teaming With 10 Startups To Revitalize The Shopping Mall
August 02, 2016

Westfield Corporation, which operates 32 gigantic shopping malls across America, has announced a partnership with advertising giant R/GA and 10 startups in hopes they will “grow innovative commerce and retail ideas.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Can Sneaker Sales Save The Lagging Apparel Industry?
August 02, 2016

Consumers simply aren’t spending on apparel like they used to — as illustrated by a drop in sales for most major retailers this year, including major brands, like Macy’s, Kohl’s and Gap — but if there’s one area of the apparel industry that consumers are...

Retail
UPS’s Earnings Win, Powered By eCommerce
August 01, 2016

UPS ended the week and the month on an up note with a quarterly earnings report that indicated every relevant metric. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walgreens To Shutter Beauty.com And Drugstore.com
August 01, 2016

In this week’s eCommerce retreats, Walgreens has announced that it will be pulling the plug on Beauty.com and Drugstore.com in favor of focusing on its core Walgreens.com sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...