Retail

Retail
Happy Returns Offers New Revenue Stream to Shopify Merchants
November 16, 2022

As retailers look to limit returns during the holiday shopping season, PayPal-owned Happy Returns has debuted a new returns-based revenue stream for Shopify merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Target Cautious on Q4 as Consumers’ Available Savings and Credit Dwindle
November 16, 2022

The country’s third largest retail chain warned investors that, despite unprecedented promotions aimed at reducing excess inventory, its critical holiday sales season would fall short of expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
November 16, 2022

Consumers spent more last month than some observers expected. 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. By completing this form,...

Retail
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022

The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to invest in home remodeling projects rather than face the turbulence and high mortgage rates that are currently crimping housing sales....

Retail
TJX Finds ‘Tremendous Advantage’ in Off-Price Offerings
November 16, 2022

Apparel retailer TJX reported an increase in sales Wednesday (Nov. 16), a development the company’s CEO attributed to consumers “treasure hunting” for the chain’s off-price offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Third-Party, White-Label Solutions Boost Luxury Recommerce Growth
November 15, 2022

Researchers at Spain’s Universitat Politècnica de Catalunya recently published a study showing that reusing 1kg of clothing could save 25 kg of carbon dioxide emissions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Mastercard Projects 15% Growth in Black Friday Spending
November 15, 2022

Mastercard is offering a sunny forecast for Black Friday, with its SpendingPulse report projecting a 15% growth in retail sales on the day after Thanksgiving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Tight Holiday Sales Outlook Heightens Demand to Reduce Retail Returns
November 15, 2022

At a time when retailers are competing aggressively on price to drive sagging sales, the need to limit returns via virtual try-on tools and tougher sales policies is expected to rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walmart Says Inventory is Down and $100K+ Shoppers Are Up
November 15, 2022

The country’s largest retail chain said Tuesday that its efforts to reduce inventory were paying off thanks in part to an increase in customers seeking price relief in the face of high inflation — especially more affluent households.  Get the Full Story Complete the form...