Retail

Retail
Saks Launches Luxury Personal Shopping and Styling Service at Resorts
June 02, 2023

Saks Fifth Avenue is now offering its luxury personal shopping and styling service at resorts. 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
Shopify Launches Rewards Program for Users of Shop Pay
June 02, 2023

Shopify has launched a new rewards program for users of Shop Pay in the United States. 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...

Retail
Chewy’s Recurring Orders Drive Growth and Investor Enthusiasm
June 02, 2023

Chewy stock experienced its most significant surge in nearly four years following the pet-products retailer’s sales performance that surpassed expectations. The company’s stock received a boost from the success of its recurring-purchase program.  Get the Full Story Complete the form to unlock this article and...

Retail
Macy’s Navigates Weak Consumer Demand, Continues Deep Discounts
June 01, 2023

Earlier, PYMNTS reported that the summer of markdowns is here as Macy’s (along with Dollar General) struggled with declining consumer demand. The retailer has now revised its annual sales and profit forecasts downward, citing a deceleration in demand caused by inflation as the primary factor....

Retail
Trader Joe’s Embraces Digital Scarcity Amid Grocery’s eCommerce Rush 
June 01, 2023

As many brands race to become as digitally available as possible, Trader Joe’s is going the opposite route, leaning into its lack of eCommerce presence to set the shopping experience apart. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Telos and GameStop Team to Bring Web3 Gaming Mainstream
June 01, 2023

The Telos Foundation has teamed with GameStop to help mainstream Web3-based gaming. 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
eBay Deepens Luxury Push With Streetwear Authentication
June 01, 2023

eBay has begun authenticating streetwear as part of its push into the luxury market. 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
Nordstrom Defies Retail Slump With Surprising Quarterly Profit and Strong Revenue Growth 
June 01, 2023

In the previous quarter, PYMNTS dubbed Nordstrom’s strategy of excessive discounting as the “big blue mistake.” However, on Wednesday (May 31), the retailer has proven itself resilient by posting a surprise quarterly profit and surpassing revenue estimates. The company’s turnout was attributed to improved inventory...

Retail
Petco Opens One-Stop Destination for Pet Health and Wellness in New York City 
June 01, 2023

Petco, where the pets go. That’s the motto the specialty retailer aims to bring to its latest retail development: Petco’s flagship store in Union Square in New York City.   Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...