Retail

Retail
Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion
November 19, 2020

The biggest grocery shopping weekend of the year is upon us, as it will be the last weekend before the Thanksgiving holiday. Though, as PYMNTS’ recent data have recently demonstrated, that may mean less than it once did, since consumers who are shopping digitally are no longer relegating...

Retail
Refreshed Curbside 2.0 Pickup Routine Points To Post-COVID Staying Power
November 19, 2020

The trend of businesses offering curbside pickup isn’t even a year old yet but the widely embraced COVID-era service solution is already undergoing a makeover. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Macy’s Troubles Continue; Digital Focus Leads To Cautious Optimism For Q4
November 19, 2020

The headwinds facing Macy’s pandemic-driven downturn recovery have been well-documented. Falling foot traffic at malls and a general department store category malaise are just two of them and the consequences were on display in its Q3 earnings announcement on Thursday (Nov. 19). Get the Full...

Retail
Walgreens Launches New Loyalty Program, Ups Same-Day Service
November 19, 2020

Deerfield, Illinois-based pharmacy chain Walgreens has launched a revamped customer loyalty program, myWalgreens, which promises its customers new benefits as the company closes down its previous offering, Balance Rewards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Luxury eCommerce Retailer Farfetch Officially Opens For Used Goods
November 19, 2020

Online retailer Farfetch is out to prove that the market for luxury merchandise fits fine with used goods. The eCommerce company is launching its Farfetch Second Life program in the U.S., according to Elle, a fashion industry publication. Get the Full Story Complete the form...

Retail
Wegmans Places Purchase Limits On Items To Prevent Panic Buying
November 18, 2020

As a response to the recent rise in COVID-19 cases across the U.S., Wegmans issued guidelines and safety measures to manage shopping crowds during the holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Bain Study: COVID Batters Luxury Goods Sales, Sparks Innovation
November 18, 2020

While the ongoing COVID-19 pandemic has hit the luxury goods market hard, it has also spurred underlying change in the business, according to a new study by Bain & Co. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
TJX To Add eCommerce To HomeGoods Site Amid Lagging Physical Sales
November 18, 2020

Retail giant TJX Cos. said Wednesday (Nov. 18) that it plans to add eCommerce to its HomeGoods.com site in 2021 as same-store sales at its flagship Marshalls and T.J. Maxx brick-and-mortar stores continue to suffer from the pandemic. TJX said as part of its fiscal...

Retail
Target Q3 Earnings Show Continued Momentum For Digital-First Strategy
November 18, 2020

Target continued its winning digital-first strategy for the third quarter as the company announced another triple-digit eCommerce spike on its earnings call Wednesday (Nov. 18). By the digital numbers the company rode its “store as a fulfillment center” model to a 155 percent growth rate...