Retail

Retail
Grocery Roundup: Supermarkets Aid In Vaccine Distribution, Sustainability Becomes Commercially Viable
February 07, 2021

As the vaccine rollout continues across the country and the world, a wide range of businesses, from Amazon to Starbucks have offered to assist with distribution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
DoorDash, Vroom And Robinhood Play For Iconic Status In The Super Commercial Bowl
February 06, 2021

Are you ready for some football … commercials? The Big Game kicks off on Sunday (Feb. 7), and while tens of millions will tune in to see the Tampa Bay Buccaneers take on the Kansas City Chiefs — or, more specifically, to see Tom Brady...

Retail
QSRs Anticipate Strong Sales For Super Bowl Sunday
February 05, 2021

Super Bowl Sunday is one of the busiest days for a number of wing and pizza quick-service restaurant (QSR) chains. The occasion comes as chicken wings and pizza have been a central part of the quarantine diet for Americans amid the pandemic, CNBC reported. Get...

Retail
Today In Retail: PriceSmart Reports 5.2 Pct Climb In Net Merchandise Sales; Walmart Purchases Ad...
February 05, 2021

In today’s top retail news, PriceSmart, Inc. announced a 5.2 percent rise in net merchandise sales between January 2020 and January 2021, while Walmart is acquiring the technology and assets behind Thunder. Plus, Costco reported its January sales data and stimulus checks have shored up...

Retail
China’s Luckin Coffee Files For Chapter 15 Bankruptcy Protection In US
February 05, 2021

Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the U.S. so it can move forward with its restructuring efforts. Get the Full Story Complete the form to unlock this...

Retail
Whole Paycheck: Walmart And Amazon Have A Food Fight
February 05, 2021

New research from PYMNTS into seven key retail categories where Amazon and Walmart compete shows the online giant is closing in on its rival’s lead in auto parts, one of the last segments where Walmart still enjoys a lead — other than food, where it...

Retail
PriceSmart Reports 5.2 Pct Rise In January Net Merchandise Sales
February 05, 2021

PriceSmart, Inc. said on Friday (Feb. 5) that net merchandise sales climbed 5.2 percent to reach $267.1 million for the month of January 2021, up from $254 million in January 2020, according to an announcement. Get the Full Story Complete the form to unlock this...

Retail
Nordstrom’s Growth Plan Focuses On Digital Strategies, Off-Price Brand
February 04, 2021

Ahead of its Thursday (Feb. 4) meeting with analysts and investors, Nordstrom said it anticipates a 25 percent hike in sales this year as it focuses on smaller-format stores as part of its “Closer to You” growth agenda. Get the Full Story Complete the form...

Retail
Yum! Brands Drives Digital Sales In Q4 With In-House Technology
February 04, 2021

Yum! Brands, Inc., the parent company of KFC, Taco Bell, Pizza Hut and other multinational restaurant chains, reported on Thursday (Feb. 4) that it saw record-high digital sales in 2020, totaling $17 billion for the year. This marked a 45 percent year-over-year increase, according to...