Two of the country’s biggest supermarket chains, Albertsons and Kroger, are reportedly in talks to merge in a deal that could have a potential market value of about $50 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the fight for share of stomach, the leading pure-play grocers are teaming up against mega-retailers. 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...
A shift is emerging between grocers that have the resources and the scale to make a subscription model possible, and smaller brands for which a more traditional loyalty model is still the most effective tool within their reach. Get the Full Story Complete the form...
In what could be characterized as the latest entry in the “COVID-19 Changed Everything” file, Walgreens Boots Alliance said Thursday (Oct. 13) that it is simplifying its operations under three business segments as part of its transformation to become a “consumer-centric healthcare” company. Get the...
Home furnishings company Ikea said retail sales have picked up over the past year as the world has reopened, but inflation has led to higher prices and supply chain issues have made it difficult to put products on the shelves. Get the Full Story Complete...
Japan-based apparel manufacturer and retailer Fast Retailing, owner of the Uniqlo brand, achieved record performance during the year ended Aug. 31, generating record revenue and operating profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Buy now, pay later (BNPL) giant Affirm expects consumers to start their holiday shopping early this year, look for discounts and dial back their spending on gifts for co-workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Victoria’s Secret will meet with investors and analysts Thursday (Oct. 13) as the lingerie and beauty product company looks to ignite growth after a rocky summer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In the past week, observers of global retail trends have received the latest statistics from Eurostat, which show that retail sales in the EU fell 0.2% in August for a 1.3% year-on-year decline. A more significant decrease was observed in the eurozone, where the figures...
