Retail

Retail
Kohl’s Digital Sales Temper Broader Revenue Decline
March 02, 2021

Kohl’s, the embattled operator of 1,100 department stores, said Tuesday (March 2) that its fourth quarter sales fell 10.1 percent, tempered by a 21 percent increase in its digital operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
‘Safe, Reliable, Convenient’: Target Posts Record Digital, Q4 And 2020 Results  
March 02, 2021

Target, the country’s second-largest retailer, said on Tuesday (Mar. 2) that years of investment into its omnichannel capabilities drove record sales and earnings for the fourth quarter and full year, as pandemic-related shopping habits led to exponential increases in its digital and drive-up offerings. Get...

Retail
AutoZone Expands Retail Presence As Net Sales Climb
March 02, 2021

AutoZone, Inc., an automotive parts and accessories retailer, reported that net sales jumped 15.8 percent in the second quarter of fiscal 2021 as it expanded its store count, according to a Tuesday (March 2) announcement. Get the Full Story Complete the form to unlock this...

Retail
Amazon Go To Launch In UK Amid Lackluster Physical Store Sales 
March 01, 2021

Amazon will soon open its first Amazon Go store in Ealing, West London, according to the Daily Mail. The news comes months after the retail giant first applied for a signage permit in November, reports Pocket-lint, in advance of 30+ more Amazon Go U.K. stores,...

Retail
Apple Has Reopened All 270 US Retail Stores
March 01, 2021

Apple has reopened all 270 of its U.S. stores for the first time since all retail locations were closed due to the COVID-19 pandemic that hit the country in March of 2020, CNBC reported on Monday (March 1). The last location to reopen was in Texas....

Retail
Walmart’s ‘Cookshop’ Celebrity Collaborations Use Content To Build Deeper Relationships With Consumers
March 01, 2021

Walmart and video tech company Eko are expanding their Cookshop partnership, a series of shoppable recipe videos that feature brand collaborations and celebrity partnerships to create attention-grabbing, shareable videos. Sofia Vergara will join the running roster of high-profile hosts, which currently includes Jamie Oliver, Patti...

Retail
Can Buy Now, Pay Later Save Physical Retail?
March 01, 2021

Can buy now, pay later (BNPL) save department stores, and physical retail in general? It’s a bet that some are making as they look to any and all tactics to drive sales and new traffic into their physical or virtual storefronts. Get the Full Story...

Retail
No More Minimum For Walmart’s 2-Hour Delivery
March 01, 2021

Walmart is dropping the $35 minimum order for its express, two-hour delivery service, the company said in a Monday (March 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart, Super Apps, And The Rise Of The New ‘Retail’ Bank
March 01, 2021

Retail banking, indeed. 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 agree to receive marketing communications...