Retail

Retail
Auto Sales Slump Could Be a Crisis of the Sector’s Own Making
May 12, 2023

The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during the post-pandemic recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Walmart Hints at Early FedNow Adoption While Amazon Is Mum So Far
May 12, 2023

So far, Walmart has been more publicly outspoken than Amazon about adopting the Federal Reserve’s forthcoming FedNow instant payment platform. However, the eCommerce giant is well aware of the new payment rail, and other moves suggest that early adoption of FedNow ahead of the platform’s...

Retail
Adidas to Sell Remaining Yeezy Sneakers, Donate Proceeds to Charity
May 11, 2023

Adidas has decided what to do with its millions of leftover Yeezy sneakers. 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...

Retail
Vitamin Shoppe Parent Goes Private in $2.6 Billion Deal
May 11, 2023

Franchise Group, owner of retailers like Vitamin Shoppe, is set to become a private company. 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,...

Retail
Best Buy Adds More Affordable Paid Tier to Membership Offerings
May 11, 2023

Best Buy has modified its membership programs and added a more affordable paid tier. 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
The RealReal Sharpens Resale Focus but Still Reports Loss 
May 11, 2023

It was once said, “The RealReal is a total mess and I can’t quit it.” That said, keeping up with the company’s progression has been an engrossing tale to follow, as it has looked to various ways to craft its path to profitability but continues...

Retail
Ahold Delhaize US Says Digital Engagement up 10% as 2.7 Billion Personalized Offers Went to...
May 10, 2023

Netherlands-based multinational grocer Ahold Delhaize said digital and omnichannel engagement and store modernization efforts are paying off, particularly for its U.S. brands. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Zenni Optical Launches Image Search and Prescription Scan Tools
May 10, 2023

Zenni Optical has launched two digital tools designed to help customers find and buy glasses. 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,...

Retail
The Honest Company Waves Bye to China and the EU
May 10, 2023

While many brands and retailers continue to make big bets on China, Jessica Alba’s consumer packaged goods (CPG) company The Honest Company is exiting the market altogether along with Europe as it looks to double on key markets that the company is already thriving in....