Retail

Walgreens’ Q2 Performance Buoyed by Rising Demand for COVID-19 Tests and Boosters
Retail
Walgreens’ Q2 Performance Buoyed by Rising Demand for COVID-19 Tests and Boosters
March 31, 2022

As the world waits for the answer on what Walgreens will do with its U.K.-based Boots unit, the company rode a spike in COVID-19 tests and booster shots to higher-than-expected earnings in the second quarter of fiscal 2022, according to a company press release Thursday...

Albertsons to Accept Supplemental Benefits for Produce, Wellness Items
Retail
Albertsons to Accept Supplemental Benefits for Produce, Wellness Items
March 30, 2022

Albertsons Companies announced Wednesday (March 30) that its customers can now use supplemental benefits to buy over-the-counter medicines and fresh produce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Price Edges Out Brand Loyalty as Consumers Feel Financial Pinch
Retail
Price Edges Out Brand Loyalty as Consumers Feel Financial Pinch
March 30, 2022

Are we loyal to retailers or the brands they sell? It’s a simple question with complex answers. 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...

Today in Retail: Chewy Struggles With Profits; Five Below Unveils ‘Triple-Double’ Growth Plan
Retail
Today in Retail: Chewy Struggles With Profits; Five Below Unveils ‘Triple-Double’ Growth Plan
March 30, 2022

Today in retail, Chewy’s stock drops to a two-year low despite record spending levels, while Five Below plans growth. Plus, Avarda embraces open banking, Lululemon adds tennis and golf gear, and Restoration Hardware will open “selling spaces.” Get the Full Story Complete the form to...

Chewy Struggles to Turn Record Spending Into Profits, Investors Push Stock to 2-Year Low
Retail
Chewy Struggles to Turn Record Spending Into Profits, Investors Push Stock to 2-Year Low
March 30, 2022

In many ways, Chewy’s fourth-quarter earnings results look a lot like those little “pill pockets” it sells — a delicious morsel that conceals a far less appetizing dose of medicine hidden inside of it. Get the Full Story Complete the form to unlock this article...

Restoration Hardware Closes Record Year, Looks to ‘Selling Spaces’
Retail
Restoration Hardware Closes Record Year, Looks to ‘Selling Spaces’
March 30, 2022

For the second year in a row, luxury furniture and home goods retailer Restoration Hardware posted record results for the fourth-quarter and full-year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Five Below Unveils Threefold Growth Plan
Retail
Five Below Unveils Threefold Growth Plan
March 30, 2022

Five Below will triple its store count over the next eight years, the kid-friendly discount chain said during its Investors Day presentation Wednesday (March 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Lululemon Serves up Tennis and Golf Gear in Head-to-Head Match vs Nike and Adidas
Retail
Lululemon Serves up Tennis and Golf Gear in Head-to-Head Match vs Nike and Adidas
March 30, 2022

If you haven’t dropped in on Lululemon’s website lately, you might be in for a surprise. 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...

5 Cross-Channel-Capable Shopping Features Became More Common in 2021
Retail
5 Cross-Channel-Capable Shopping Features Became More Common in 2021
March 29, 2022

Merchants know how important it is to enhance the overall shopping experience they offer, regardless of channel. 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...