Total U.S. retail sales have increased year over year every month since September 2020, while consumer spending continues to recover as the holiday season approaches, according to the latest edition of Mastercard SpendingPulse released on Wednesday (Oct. 6). Mastercard SpendingPulse measures in-store and online retail...
The Home Depot has signed a deal with Walmart to utilize the box store giant’s GoLocal service for same-day or next-day delivery on many of its home improvement products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Youth fashion retailer Pacsun will accept bitcoin and other cryptocurrencies using 10-year-old blockchain payment provider BitPay, according to a Tuesday (Oct. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon Fresh appears to be continuing its slow, furtive expansion, giving little hint as to the long-term vision for the brand. Last week, news broke of two possible new locations, each of which would be in a market previously untapped by the grocery brand. Get...
In today’s top retail news, Target plans to boost the hourly pay of employees working certain high-traffic hours ahead of the holidays, while Rent the Runway’s initial public offering (IPO) filing reveals recovering subscriber numbers as the pandemic wanes. Also, Best Buy launches a new...
As businesses continue to struggle against supply chain and labor shortages, the growth of PepsiCo’s food and beverage categories has outpaced the market as a whole, even as the brand has raised prices to accommodate these challenges. Get the Full Story Complete the form to...
Best Buy is launching a new nationwide membership program, Totaltech, that offers unlimited technology support, along with access to products that could be hard to come by as the holiday shopping season kicks into full gear. Get the Full Story Complete the form to unlock...
Target said in a blog post on Tuesday (Oct. 5) that it will pay hourly employees in its stores, service centers and supply chain positions — along with some workers in the headquarters and seasonal employees — a $2 hourly bonus for each hour they...
In filing for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), jewelry and accessory retailer Claire’s joins an exclusive club of companies that are looking to capitalize on the recent retail resurgence despite emerging from bankruptcy less than three years...
