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...
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 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...
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...
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...
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...
Who doesn’t like a trip to Times Square? 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...
Most retailers had nothing good to say about the mild winter of 2016, except that maybe it was somewhat less terrible that the snowpocalypse that was the winter of 2015. Not exactly ringing praise – but then not exactly an incomprehensible reaction either. Get the...
Do you know the fastest-growing industry in retail right now? What about the largest retail industry at the moment? 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...