Retail

Retail
Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce Profits
November 18, 2022

Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Demand for Brand Authenticators Rises Amid Growing Threat of Counterfeits
November 17, 2022

Recalling then-candidate Joe Biden’s 2019 advice that out-of-work coal miners should learn to code, now-unemployed coders may want to check job listings for “Luxury Procurement Specialist” or “Handbag Authenticator” as the resale sector widens its crackdown on knockoffs. Get the Full Story Complete the form...

Retail
National Retail Solutions, Uber Partner on Delivery for Neighborhood Stores
November 17, 2022

Point-of-sale (POS) platform operator National Retail Solutions (NRS) and Uber Technologies have partnered to facilitate delivery from participating NRS local retailers and bodegas.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Big Box Retailers Target and Walmart Woo Higher-Income Grocery Shoppers
November 17, 2022

In this week’s grocery roundup, superstores set their sights on big spenders, Grab grows its grocery presence, and supermarket spending is rising. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Winn-Dixie Owner Southeastern Grocers Considers Sale
November 17, 2022

Nearly one year after cancelling its plans to go public, Florida-based supermarket chain owner Southeastern Grocers is reportedly considering an outright sale of the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
All Merchants Want This Holiday Season Is a Lower Cost of Returns 
November 17, 2022

With this year’s holiday season just around the corner, stores and brands are bracing themselves for a deluge of sales and returns — hoping to increase the former while mitigating the latter. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
November 17, 2022

Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman and CEO for the past six, Jeff Gennette has seen more than his shares of ups and downs atop one...

Retail
Kohl’s Says Middle Class and Discretionary Items Struggle with Inflation
November 17, 2022

 With its focus on discretionary products and middle-income consumers, Kohl’s has been hard hit by the current macroeconomic trends, the retailer said Thursday (Nov. 17) during its quarterly earnings call.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Bath & Body Works Credits ‘Newness’ for Q3 Performance
November 17, 2022

Bath and Body Works said a focus on “innovation and newness” helped the personal care and fragrance retailer end its most recent quarter on a strong note. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...