Retail

Retail
Uber, The Body Shop Expand Delivery Pact as Demand for Same-Day Service Rises
August 08, 2022

Aiming to serve consumers’ growing demand for same-day delivery of retail products, Uber Eats will soon be offering same-day delivery of products from almost all The Body Shop’s retail stores across the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Luxury Brands Spread Out Across US as New Wealth Centers Emerge
August 07, 2022

Luxury brands like Gucci and Chanel have been expanding their horizons, opening locations in U.S. cities where they never used to do business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Direct-to-Consumer Retailing Boosts Supply Chain Technology Providers
August 07, 2022

More companies have embraced selling directly to consumers, sidestepping old, larger-scale operations in favor of developing direct-to-consumer (D2C) operations. 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
Amazon vs Walmart Weekly: Delivery Takes Center Stage in Omnichannel Retail Fight
August 05, 2022

The week started with a simple blog post from Amazon. 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...

Retail
Qurate Retail Plans Turnaround Amid 16% Revenue Drop
August 05, 2022

Video commerce giant and QVC owner Qurate Retail Inc. is implementing a turnaround plan amid across-the-board declines in revenue, the company reported Friday (Aug. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
DraftKings Sees 30% Rise in Monthly Payers
August 05, 2022

DraftKings saw double-digit increases in monthly payers and revenue in the second quarter of this year, the sports wagering platform said in a Friday (Aug. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart Layoffs Reflect Its Digital Evolution More Than Fresh Economic Insight
August 04, 2022

It is never a good sign when the nation’s largest private employer says it’s cutting jobs at headquarters, especially in an economic environment — and industry — that is on high alert for bad news. Get the Full Story Complete the form to unlock this...

Retail
YETI Lowers FY22 Forecast Despite Q2 Revenue Growth
August 04, 2022

YETI’s stock price was down almost 20% in early trading Thursday (Aug. 4) after the company reduced its fiscal 2022 forecast, despite seeing revenue growth in the 15% to 17% range in the three months ending July 2. Get the Full Story Complete the form...

Retail
Wayfair Customer Numbers, Deliveries Fall Sharply
August 04, 2022

Home goods eCommerce marketplace Wayfair lost about 25% of its customers in the past year and saw its deliveries drop almost 30% in the second quarter compared to the same time a year earlier, a reflection that people are thinking twice about home-based updates. Get...