In the retail industry, a “50% off” clearance sale is how brands routinely move-out last year’s unsold inventory. 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...
Today in retail, chilly spring temperatures lead to mixed earnings results for Lowe’s, while Walmart is hosting Walmart+ Weekend to boost its subscription platform’s loyalty. Plus, Target expects its customers and their desire to spend to turn things around after a quarterly letdown, The Container...
With the rise of online grocery, brick-and-mortar retailers are challenged to rethink their operations with an eye toward meeting this digital demand. Target, for one, is making modifications to its stores to enable more efficient online grocery order fulfillment. Get the Full Story Complete the...
Shoe Carnival pointed to sales growth above pre-pandemic levels in its fiscal 2022 first-quarter report, according to a company press release Wednesday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a land where managing Wall Street expectations is a make-or-break endeavor, Target was handed the equivalent of a failing grade Wednesday morning (Mat 18), as stunned investors pummeled the retailer’s stock by 25% after it unveiled an unexpected 40% drop in earnings. Get the...
Stores in the TJX Companies family are part of a growing trend of shoppers returning to brick-and-mortar stores, with its Marshalls and TJ Maxx stores leading the way in increased traffic, according to a company press release Wednesday (May 18). Get the Full Story Complete...
As a cloud of uncertainty hangs over housing prices and rising interest rates are taking a bite out of buying power, the case for staying in place is as strong as it’s been in years. Get the Full Story Complete the form to unlock this article...
To commemorate the third anniversary of Instagram’s @shop account, the social media company will be hosting a two-day, physical retail pop-up store in New York City next week, the company announced Monday (May 16). Get the Full Story Complete the form to unlock this article...
For Walmart, the paycheck-to-paycheck economy — and its pressures — dictate how the retailing giant’s fortunes will fare, especially over the near term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
