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....
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 —...
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...
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 —...
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...
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...
Despite inflation, supply chain snags and a tight labor market, Home Depot enjoyed an increase in sales in its third quarter due to continued demand for home improvement projects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Aiming to collaborate on the development of new digital tools, automotive retailer AutoNation has acquired a 6.1% minority ownership stake in automotive digital marketplace TrueCar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Amazon is deepening its healthcare offerings with the launch of Amazon Clinic, a virtual care service that offers treatment for common health ailments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
