Retail

Retail
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that now belongs to New York’s Fifth Avenue. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Overstock Taps Influencers and Ads to Get Customers ‘Comfy’ With Rebrand
November 23, 2022

Where once there was a liquidator that morphed into a mixed merchandise retailer, the Overstock.com of late 2022 is using the tools of the digital retail trade to complete its transition to a home-focused eCommerce operation tapping social and mobile to steady the ship. Get...

Retail
Nordstrom Hurt by Soft Demand From Lower-Income Shoppers
November 23, 2022

Cost-conscious shoppers continue to shy away from Nordstrom, with the luxury retailer still feeling the effects of a paycheck-to-paycheck economy in the form of declining sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Grocers See Connected Recipes as Tool to Drive Q4 Spending
November 22, 2022

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Retail
D2C Coffee Brands Use BNPL as Upsell Tool to Drive Premium Purchases
November 22, 2022

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Retail
Best Buy Says Customers Lack Urgency But Are Hungry for Joy 
November 22, 2022

Fighting a highly promotional environment for consumer electronics, Best Buy sees holiday shopping patterns this year returning to some pre-pandemic norms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Dollar Tree Says Customers Respond to Lower Food Prices and Cleaner Stores
November 22, 2022

After being jeered for raising its long-standing $1 price point strategy a year ago, Dollar Tree said Tuesday (Nov. 22) that the change is working, and that the retailer is planning to add more $3 and $5 items to its fleet of 16,000 stores. Get the Full...

Retail
American Eagle Boosts Profit With Inventory and Logistics Improvements
November 22, 2022

Right-sizing inventory, reducing costs and scaling its new logistics services business paid off for American Eagle Outfitters (AEO) during the third quarter, the company said Tuesday (Nov. 22) in its quarterly earnings release. Get the Full Story Complete the form to unlock this article and...

Retail
Dick’s Sees Sales Climb in ‘Transformational’ Q3
November 22, 2022

Dick’s Sporting Goods’ continued efforts to redefine itself through its experiential, omnichannel offerings appears to have paid off during its third quarter, with the retailer seeing a 6.5% increase in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...