Retail

Retail
Grocery Round-Up: Ahold Delhaize Surges, Whole Foods Struggles With Labor Woes
November 05, 2020

No matter how one voted in this week’s U.S. presidential election, the inescapable fact is that we all have to eat – which means the race to dominate the grocery vertical continued to move briskly in recent days, even as the election remains unsettled. Get...

Retail
Pandemic Cools Breakfast Sales At Fast-Food Restaurants
November 05, 2020

Demand for breakfast items has cooled off at the nation’s fast-food restaurants as Americans find themselves increasingly stuck at home during the morning hours, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Costco’s October Sales Up Nearly 16 Pct. YOY
November 05, 2020

Costco Wholesale Corp. recently reported that its eCommerce sales spiked 90.6 percent in its fourth quarter. 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....

Retail
Operation Hope Founder Brings Urgency To Financial Inclusion With Shopify Partnership
November 05, 2020

Some people fit their names perfectly. John Bryant’s middle name is “Hope.” Not only is it his legal, given name, it is also a concept and practice he brings to the organization he founded in 1992 to lift underserved populations into the formal financial system....

Retail
Pet Valu US To Shut Down Stores And Website
November 05, 2020

Pet Valu U.S., which sells pet food and other supplies, is shutting down all of its 358 stores along with its warehouses as part of winding down its U.S. operations, the company said in a press release. Pet Valu blamed the pandemic for its decision,...

Retail
FIS: Contactless Payments, Curbside Pickup Will Become Digital-First Necessities
November 05, 2020

The COVID-era embrace of curbside pickup will not only be around long after the pandemic, but could be just the thing that convinces more and more consumers to make the digital leap. After all, Norm Marraccini, senior vice president of digital payments, ACH and RTP...

Retail
US Voters Approve Sports Betting, Casino Gaming Expansions In 6 States
November 04, 2020

One big winner of Tuesday’s elections was the U.S. gambling industry, with three states authorizing legal sports betting and three others either approving or expanding casino gaming, the Associated Press (AP) reported. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
UK Retailer John Lewis To Eliminate Hundreds Of Positions
November 04, 2020

The John Lewis Partnership, as well as the Lloyds Banking Group, have unveiled intentions to eliminate hundreds of positions, according to the BBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Yasso Yogurt Launches D2C Initiative
November 04, 2020

So many brands are climbing aboard the direct-to-consumer (D2C) bandwagon these days that it’s hard to keep track of them. One thing has become very clear: Becoming a D2C brand is a lot tougher than building a website and taking orders. Get the Full Story...