Retail

Retail
Today In Retail News: Automotive Market Continues Comeback, Conversational Commerce Finds Its Voice
October 15, 2020

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Get the Full Story...

Retail
Despite Amazon, Mall-to-Warehouse Conversions Are Losers, Barclays Warns
October 15, 2020

Mall owners may want to think twice before converting shuttered storefronts into trendy eCommerce warehouse hubs, a new report finds. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Amazon Prime Day Sees Small, Mid-Sized Businesses Rake In $3.5B
October 15, 2020

Third-party sellers generated billions in sales during Prime Day on Amazon’s online marketplace, as eCommerce activity surges in the wake of the coronavirus pandemic, the tech giant reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Automotive Continues Comeback Leading With Digital-First Tools
October 15, 2020

Although consumer shopping behaviors are changing, the automotive market continues its comeback, with the digital-first economy playing a lead role and a newly-minted publicly-traded company — Shift Technologies — among its ranks. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Conversational Commerce Finds Its Voice In Digital Retail
October 15, 2020

Consumers want information in the digital-first economy – actually, they wanted it yesterday. As new PYMNTS data show, they want to know about everything from shipping dates to available inventory to pricing to the exact time their package is being delivered curbside. And if they...

Retail
Tiffany Upbeat On Sales, Operating Earnings Amid COVID-19 Comeback
October 15, 2020

Tiffany & Co. said that preliminary results for August and September 2020 are positive, even as its “worldwide net sales for the two-month period declined slightly from the comparable period in 2019,” according to a news release. The company said that “positive sales trends are...

Retail
Walgreens Profits Fall As UK Business Struggles In Fourth Quarter
October 15, 2020

Walgreens Boots Alliance said its fourth-quarter profits dropped 45 percent to $373 million from $677 million a year earlier as the U.K. business, in particular, was hard hit by the coronavirus pandemic, according to a press release on Thursday (Oct. 15). Sales in the fourth quarter,...

Retail
Apple Hopes 5G iPhones Will Boost China Sales
October 14, 2020

Apple is hoping its new 5G iPhones will help it bridge a gap in sales in China, where it has been beaten out by rivals like Huawei, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and...

Retail
Amazon Prime Day Part 1: The ‘Amazon Effect’ Goes Into Overdrive For Holiday 2020
October 14, 2020

The big “day” is finally here — well, big two days to be technically accurate, as Amazon Prime Day, the eCommerce giant’s annual shopping holiday, is now a 48-hour event that began Tuesday (Oct. 13). And the two-day event is this year performing a very different...