Retail

Retail
AMZN vs WMT Weekly: Inside a 30%, 30-Day Drop and the Glory Days for Stores 
May 06, 2022

Bad week. Bad month. Bad quarter. Bad year. 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 form, you...

Retail
Grocery Roundup: Whole Foods Hits a Snag; In-Supermarket Video Marketing Expands
May 05, 2022

Amazon’s efforts to redirect its brick-and-mortar focus toward grocery may not be going as planned. The Wall Street Journal (WSJ) reported Tuesday (May 3) that the company is closing six Whole Foods Market stores, with five of those locations closing Friday (May 6). Get the...

Retail
Today in Retail: Lightspeed Commerce Launches Lightspeed Retail; Etsy Looks to Emerge From Retail ‘Sea...
May 05, 2022

Today in retail, the steel industry is ripe for digital transformation while 5G helps retailers launch contactless shopping experiences. 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
Mastercard: April U.S. Retail Sales Up 7.2% YoY
May 05, 2022

Retailers are increasingly focusing on smaller stores that are big on experiences for customers who are returning to brick-and-mortar locations in big numbers as fears about the spread of the COVID-19 pandemic continue to subside. Get the Full Story Complete the form to unlock this...

Retail
Etsy Tumbles as Post-Pandemic Growth Slows, Pledges to Fight Retail’s ‘Sea of Sameness’
May 05, 2022

After experiencing what Etsy CEO Josh Silverman referred to as a “tidal wave of growth” over the past two years, the leading marketplace for handmade clothing, jewelry and other items is now facing an earthquake of sorts that has pushed its stock down 60% in...

Retail
Gucci Joins Crypto Acceptance Craze, Will Launch 10-Currency Payment Program This Month
May 05, 2022

Luxury fashion brand Gucci will become the latest retailer to accept cryptocurrency payments when it launches the program in some U.S. stores at the end of this month and at all North American stores this summer, according to a company press release. Get the Full...

Retail
Today in Retail: Kohl’s Advisory Firm Says Shareholders Should Retain Full Board; Alibaba Targeting Thrifty...
May 04, 2022

Today in retail, CVS relies on tech and robotics as its store count declines and it focuses on post-COVID efficiencies, while the fashion industry is preparing for the holiday shopping season now. Plus, Murphy USA reports first-quarter growth as fuel prices continue to rise. Get...

Retail
Walgreens Names 3 SVPs in Charge of Marketing, Merchandising, Products
May 04, 2022

Walgreens has named a trio of executives to key leadership positions in the company, the drugstore chain announced Wednesday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Promotions, Free Shipping Remove Online Shopping Friction
May 04, 2022

U.S. merchants offer some of the most frictionless user experiences in any country. 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....