Etsy’s numbers were up across the board for the fourth quarter of fiscal 2021, with sales through the crafts-focused marketplace up 16.5% year over year to $4.2 billion, active sellers up 72% to 7.5 million and active buyers up 17.6% to 96.3 million, the company announced...
Swedish buy now, pay later (BNPL) giant Klarna and top-5 U.S. mall owner Brookfield Properties are teaming up to bring installment payment plans to thousands of retail tenants at over 150 shopping centers. Get the Full Story Complete the form to unlock this article and...
When it comes to retail industry news, Amazon and Walmart are typically tagged as titans, giants or leaders in the space. But this week, that all changed as the top two players suddenly found themselves in the unusual position of laggards and followers — at...
Today in retail, Planet Fitness reports a boom in members, and there is a mix of good and bad news for Bath & Body Works, while American Express and Resy are encouraging people to visit independent restaurants. Get the Full Story Complete the form to...
Walmart’s white-label delivery service is turning its focus toward small- to medium-sized grocery retailers. 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...
After three grueling months as a public company and an 80% decline in its stock price from its trading debut, eco-friendly footwear and apparel maker Allbirds is hoping third-party sellers will give its brand and bottom line a boost. Get the Full Story Complete the...
Sleep Number Corp.’s stock price continued to tumble in early trading Thursday (Feb. 24), dropping more than 3% after a 14% dip Wednesday (Feb. 23) that came after the mattress and bedding manufacturer missed its fourth-quarter earnings expectations because of the late arrival of semiconductor...
Bath & Body Works, Inc. CEO and board member Andrew Meslow will leave the company May 12 due to health issues, the company announced Wednesday (Feb. 23) as part of its quarterly update to investors and analysts. Get the Full Story Complete the form to...
Shares of Rent-A-Center fell nearly 40% after hours Wednesday (Feb. 23) after the Plano, Texas-based operator of 2,400 furniture, appliance and electronics rental stores reported lower than expected Q4 results and weak guidance. Get the Full Story Complete the form to unlock this article and...
