Retail

Retail
Wolverine Reports Supply Chain Problems Slowing Footwear Sales
November 09, 2022

With continuing supply chain challenges affecting both the brand and its wholesale customers, footwear manufacturer Wolverine Worldwide reported Wednesday (Nov. 9) that both revenue and profit came in below expectations for the quarter ended Oct. 1. Get the Full Story Complete the form to unlock...

Retail
Carrefour Banks on Retail Media, BNPL to Fuel 2023 Omnichannel Customer Engagement
November 08, 2022

As part of its business strategy for the 2023-26 period, French retail giant Carrefour has unveiled plans to launch a global retail media platform, a joint venture with French multinational advertising and public relations company Publicis. Get the Full Story Complete the form to unlock...

Retail
Subscription Merchants Battle Churn With Value and New Features
November 08, 2022

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, you agree to receive marketing communications from PYMNTS and...

Retail
Kohl’s CEO Headed to Levi’s After Bumpy Ride at Ailing Dept Store
November 08, 2022

After four and a half tumultuous years atop Kohl’s, in which the Wisconsin-based department store chain saw its valuation cut in half, CEO Michelle Gass is headed to San Francisco, where she will serve as president of Levi Strauss before taking over for current CEO...

Retail
Party City Says Halloween Sales at ‘Lower End of Expectations’
November 08, 2022

Consumers purchased Halloween decorations at a lukewarm rate in October and retailer Party City expects that to continue for the rest of the year.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Gap Sells China Retail Business to eCommerce Platform Baozun
November 08, 2022

In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce retailer in China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Adidas Names Puma Head Bjørn Gulden as New CEO
November 08, 2022

Struggling sneaker giant Adidas has found its new CEO in Bjørn Gulden, the head of rival shoe brand Puma. 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...

Retail
Planet Fitness Sees Record Membership With Gen Z’s Help
November 08, 2022

There was a time before the pandemic when Generation Z was the smallest portion of Planet Fitness’ membership base. 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...

Retail
27% of Retailers Want to Outsource Their Loyalty Programs
November 08, 2022

As consumers flock to the aisles, as they opt to move to in-store settings to get what they need, merchants need to keep them engaged, enough so that the browsing turns into buying. Get the Full Story Complete the form to unlock this article and...