Retail

Retail
Consumers Purchase Groceries at Walmart, Saving Pricier Item Spend for Amazon
June 30, 2023

Walmart’s strength may lie in its numbers, as its purchase rate far beats its closest competition. 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...

Retail
Nike’s Share of Direct Sales Hits $21.3 Billion, a 14% increase in FY 2023
June 29, 2023

While Nike may have rekindled its relationships with wholesale partners Macy’s and DSW, the apparel and footwear giant isn’t looking to go full throttle on wholesale, unless consumers want it. Well, maybe. Let’s dig into that.  Get the Full Story Complete the form to unlock...

Retail
Rite Aid Rides Ozempic Wave but Fails to Profit  
June 29, 2023

During its fiscal first quarter, Rite Aid reported a boost in pharmacy sales, attributed to the introduction of a new category of drugs.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Shein Denies Report of Confidential Registration for IPO in US
June 29, 2023

Shein has denied a media report that it has registered for an initial public offering (IPO) in New York. 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...

Retail
Skims Plans Global Expansion With Inaugural Flagship Stores Amid Retail Challenges 
June 29, 2023

Skims, a brand created by Kim Kardashian that specializes in underwear, loungewear and shapewear, is gearing up to establish its inaugural permanent stores in the coming year, as part of its expansion into both domestic and international retail markets.  Get the Full Story Complete the...

Retail
Parents Up Back-to-School Spending Despite Inflation’s Hard Lessons
June 29, 2023

A shaky economic landscape is no match for parents determined to discover back-to-school shopping bargains. 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
Walgreens Attributes Disappointing Results to Cautious Consumer Behavior 
June 28, 2023

The story of the cautious consumer continues as Walgreens reflects on its latest quarterly earnings.   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
Zalando Fights EU’s Digital Services Act in Court
June 28, 2023

Germany’s Zalando is considered Europe’s largest online fashion retailer. 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,...

Retail
Inform Act Cracks Down on Organized Retail Theft
June 27, 2023

A new law aims to tackle organized retail theft and the trade of counterfeit and hazardous items on digital platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....