Retail

Retail
Advance Auto Parts Sales Growth Continues  
November 16, 2021

Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion, with comparable sales also increased by 3.1% and up 13.3% since the same time in 2019.  Get the Full Story...

Retail
Home Depot Sales Up 10% Despite Supply Chain Challenges 
November 16, 2021

Home improvement retail giant The Home Depot on Tuesday (Nov. 16) said its sales for the third quarter of fiscal 2021, which ended Oct. 31, were $36.8 billion, up $3.3 billion — or 9.8% — from the same time a year ago as consumers continue...

Retail
October Retail Sales Beat Forecasts as Shoppers Get a Jump on the Holidays
November 16, 2021

U.S. retail and food services sales escalated last month to $638.2 billion, up 1.7% over the previous month and beating economists’ forecasts, according to a Tuesday (Nov. 16) report from the Census Bureau. Get the Full Story Complete the form to unlock this article and...

Retail
Merchants Must Look Past the Checkout to Improve Online Sales
November 16, 2021

Almost anyone who has shopped online knows the experience of picking an item and putting it in the cart only to balk at the shipping price and walk away, often to find a place where getting the product to the front door won’t cost as...

Retail
Today in Retail: Mastercard Expects Thanksgiving Week Spending Surge; Private Equity Firrm Acquires Casper
November 15, 2021

In today’s top retail news, consumers are expected to spend heartily in the run-up to and days after Thanksgiving, while direct-to-consumer mattress company Casper Sleep is set to go private less than two years after its IPO. Also, Rue Gilt Groupe said in a filing...

Retail
B2B Fashion Marketplace FashionGo Unveils Dropshipping Service
November 15, 2021

The B2B fashion marketplace FashionGo will launch an automated payments service next year designed to help retailers expedite order and fulfillment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
As Grocery Shortages Rise, Ahold Delhaize Moves to Double Digital Sales
November 15, 2021

Ahold Delhaize, the parent of Giant Food and Stop & Shop chains that operates more than 2,000 stores in the U.S. and abroad, is looking to double its digital gains with major investments in its online platforms. On Monday (Nov. 15), the Zaandam, Netherlands-based global...

Retail
Rue Gilt: Consumers Underserved by Current Discount Retail Offerings
November 15, 2021

When Rue La La launched over a decade ago, it — along with Gilt — was a pioneer of the online flash sale, helping bring forth a trend that countless others have used to keep customers coming back. Get the Full Story Complete the form to...

Retail
Marketplaces, Direct-to-Consumer Power Future of Digital Luxury Sales
November 15, 2021

For decades, luxury brands could only be found in luxury department stores, sold by retailers rather than the labels themselves. But with the growth of eCommerce allowing for more direct connections with customers, and therefore a more controlled brand message, that model may be obsolete,...