Retail

Retail
Nordstrom and Macy’s Lean Into Personalization to Lock In Shopper Loyalty
August 24, 2022

Finding a bright spot in the parade of dim second-quarter earnings reports from major retailers is difficult, however, the common thread of hope is a deeper focus on personalization and loyalty, leveraging omnichannel to its fullest in a quest for motivating customer engagement. Get the...

Retail
Walmart Adds Rewards Program as Shoppers Watch Budgets
August 24, 2022

Aiming to offer additional savings to budget-conscious shoppers, Walmart has added a rewards program to its subscription platform Walmart+.  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
Petco’s Recurring Subscription Revenues Cushion Consumer Downshift
August 24, 2022

Not immune to inflationary economics, pet supply is dealing with the same headwinds as other consumables sectors, but with the cushion of pet parent love upholding some areas, particularly in subscriptions where savings and perks stretch pet care dollars. Get the Full Story Complete the...

Retail
Outperformance of Luxury Retail Sector Sparks Global Payments and eCommerce Pact
August 24, 2022

Omnichannel digital commerce platform XY Retail has partnered with FinTech business payments company Adyen to help luxury retailers manage in-person and online payments globally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Nordstrom Reports Lower-Income Consumers Dialing Back on Spending
August 24, 2022

Macroeconomic pressures are taking their toll on lower-income consumers, Nordstrom executives said Tuesday (Aug. 23) in materials released along with the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Intros Brands for Its Beauty Accelerator Program
August 23, 2022

Walmart on Tuesday (Aug. 23) announced the first class of Walmart Start, its beauty accelerator program that features five upstart brands that have the potential to launch at the retail giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Physical Retail’s Sales Surge Above 2019 Levels Nothing to Cheer About
August 23, 2022

There’s an old saying — sometimes we move the goalposts a little. And declare victory. 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...

Retail
Dick’s Sporting Goods Grows Omnichannel, Experiential Retail Offerings
August 23, 2022

Dick’s Sporting Goods is reaping the benefits of changes it has made over the last five years, including expanded offerings in experiential retail and omnichannel delivery, executives said Tuesday (Aug. 23) in the company’s earnings release.  Get the Full Story Complete the form to unlock...

Retail
Walmart, Canoo Finalize EV Delivery Fleet
August 23, 2022

Electric vehicle (EV) startup Canoo and Walmart have completed a pilot program in which Canoo’s Lifestyle Delivery Vehicles (LDVs) were used to make last-mile deliveries in the Dallas-Fort Worth area for Walmart’s eCommerce business.  Get the Full Story Complete the form to unlock this article...