Retail

Retail
Walmart Ups Drone Delivery Comp With Amazon, Expands Program to 6 States
May 24, 2022

Ask a Walmart executive, “What’s up?” these days and chances are they’ll say “drones.” 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
Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
May 23, 2022

Today in retail, GameStop rolls out a digital wallet as it gets into cryptocurrency and non-fungible tokens (NFTs). Plus, Wantable lets consumers choose when they cancel subscriptions, the average age of vehicles on American roads is 12.2 years, a diesel fuel price hike has retailers...

Retail
Retailers Seek New Supply Chain Efficiencies to Offset Soaring Diesel
May 23, 2022

If you think the $100 hit from filling your tank with gasoline is bad, imagine how truck drivers and fleet operators feel when they face costs ranging from $700 to $1700 to fuel up a big rig with diesel. Get the Full Story Complete the...

Retail
GameStop Jumps Into Crypto, NFTs With Digital Asset Wallet Launch
May 23, 2022

GameStop Corp. on Monday (May 23) unveiled a digital asset wallet that will let gamers and other store, send, receive and use cryptocurrencies and non-fungible tokens (NFTs) on several decentralized apps without leaving their web browsers, according to a company press release. Get the Full...

Retail
Sycamore Partners Drops Ted Baker Buyout Pursuit
May 23, 2022

The board of British fashion retailer Ted Baker has narrowed its choices for the company to which it plans to sell the brand, less than a month after it got several non-binding offers, according to a company press release Monday (May 23). Get the Full...

Retail
Retail Response to Recession Already Happening — Months Before Official Declaration
May 23, 2022

Recessions are peculiar beasts. They’re both natural and normal, yet dreaded and inevitable. 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....

Retail
Bidding for Kohl’s Reportedly Cools as Lenders Are Put Off by Q1 Results
May 22, 2022

The deal to sell department store Kohl’s might have hit some hurdles due to financing troubles, Seeking Alpha reported Saturday (May 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today in Retail: Foot Locker Grows Its Profile In Athletic Footwear Sector; Amazon and Walmart...
May 20, 2022

Today in retail, North Face relies on customer loyalty and enhanced streetwear sales to boost its bottom line and Foot Locker grows its profile, while digital and experiential shopping is changing the way retailers do business. Plus, Ross Stores hasn’t benefitted from shoppers’ bargain hunting...

Retail
VFC’s North Face Leverages Loyalty and Streetwear to Reach Sales Summit
May 20, 2022

At a time when global apparel retailers are getting slammed by COVID-linked challenges from China, the cross-category appeal of outdoor gear-maker North Face has managed to traverse that chasm en route to its best year ever. Get the Full Story Complete the form to unlock...