Best Buy will begin offering Food and Drug Administration (FDA)-regulated hearing aids, following a ruling this week by the federal government allowing over-the-counter (OTC) sales of the devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Off-price apparel retailer TJX said Wednesday (Aug. 17) that demand for home-related items was weaker than expected as inflation dampened consumer spending, leading to a surprise 5% drop in same-store sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amid ongoing inflation, many consumers are growing more conservative in their spending, cutting back on luxuries and sticking more to the basics. Walmart, the world’s largest grocery retailer, is seeing the effects of the shift from restaurants to supermarkets as well as from more premium-priced...
By most measures, the past three months have been some of the toughest that Walmart has faced in decades, as the bite of inflation has inflicted turmoil and pain on both the lives of its customers as well its own bottom line. Get the Full...
A backlog of home improvement projects among professional customers helped The Home Depot keep its momentum in the second quarter of fiscal 2022 as the nesting trend that started early in the pandemic stayed on course despite inflation threatening a full-blown recession. Get the Full...
Clothing reseller thredUP saw double-digit percentage increases in the number of orders and buyers on its platform during the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
After months of searching for a buyer, Ted Baker has found its suitor in Authentic Brands Group (ABG), which has agreed to purchase the U.K. fashion retailer in a deal valuing the company at $253 million. Get the Full Story Complete the form to unlock...
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Uber Eats is continuing to add to its list of non-food delivery offerings with a new collaboration with Office Depot and its sister company OfficeMax. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
