Consumers in the U.K., much like consumers most everywhere, have gone decidedly digital in the last 12 months, a fact demonstrated by the numbers in the recently released PYMNTS/Cybersource Global Digital Shopping Index U.K. Edition. Close to half of all U.K. consumers — 46 percent —...
It’s been a huge year for eCommerce innovation in the grocery industry. Digital-native online grocers have been expanding, while leading national and international supermarket chains have been rolling out new digital features, reinventing themselves and beginning to establish the omnichannel experience of the industry’s future....
In today’s top retail news, Chewy, Inc. registered a 51 percent year-0ver-year increase in net sales for its fiscal fourth quarter of 2020, Walgreens said its least earning results were hit by an “exceptionally weak cough, cold and flu season.” Plus, Lululemon reported that the...
The car buying craze is on. According to recent reports, consumers are snapping up new vehicles at pre-pandemic levels, as a massive case of FOMO (fear of missing out) seems to be sweeping the entire commerce landscape. Get the Full Story Complete the form to...
Quick-service restaurant (QSR) salad chain Saladworks announced on Monday (March 29) that it is partnering with Ghost Kitchens Brands to grow its footprint to almost double the current store count in the U.S. and Canada, adding 90 new “non-traditional” locations before the end of the...
Athletic apparel retailer Lululemon said the near-doubling of its direct-to-consumer (D2C) business drove a 24 percent increase in total sales last quarter, and the firm expects growth to continue into 2021 with no signs of the adult activewear market slowing after the pandemic. Get the...
Retail pharmacy chain Walgreens said on Wednesday (March 31) that its latest earnings results were dragged lower by an “exceptionally weak cough, cold and flu season” that crimped its same-store sales by 3.5 percent and trimmed earnings by 10 percent. Get the Full Story Complete...
It’s a $9 billion problem that involves nearly 40 percent of online footwear and apparel orders. In fact, improperly fitting shoes and clothes is such a common occurrence that many consumers simply order multiple sizes — a process known as “bracketing” — knowing full well...
The CEO of Macy’s said effects of $1,400 stimulus checks are already starting to show up in the company’s stores and website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
