Retail

Retail
Ulta Beauty Reports Strong Sales Growth Despite Dealing With Retail Theft  
May 26, 2023

Ulta Beauty CEO Dave Kimbell shared the company’s first-quarter results on Thursday (May 25), highlighting a 12.3% increase in sales compared to the previous year. Same-store sales also experienced a positive growth of 9.3% over the previous year. Get the Full Story Complete the form...

Retail
Gen Z Leads Decline in Subscription Renewals
May 26, 2023

Value may outweigh convenience when it comes to recurring subscriptions, as consumers seek any and all avenues to cut costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
May 25, 2023

Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. 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
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023

Chanel has reportedly seen a slowdown 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 newsletter, PYMNTS Today. By completing this form,...

Retail
Frozen Food Drives Sales at Discount Stores as Consumers Seek Easy Meals
May 25, 2023

Consumers’ demand for more affordable quick meal solutions is sending them running to the freezer aisle, Dollar Tree CEO Rick Dreiling notes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Amazon Prime Raises the Bar for Grocery Memberships
May 25, 2023

As Amazon succeeds at whittling away at incumbent grocers’ shares of center-aisle purchases, smaller retailers are drawing inspiration. 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...

Retail
Petco Gets Paws Deep on Pet Essentials 
May 25, 2023

Whatever humans need, pets need. That’s the mindset Petco seems to understand when it comes to the pet parent that shops with the specialty retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Urban Outfitters Gets Too Lean on Inventory  
May 25, 2023

Urban Outfitters put itself on a crash diet that might have gone too far.  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
Shein Diversifies US Strategy, Launches Third-Party Marketplace and Pop-Ups   
May 24, 2023

With a passionate online following already under its belt, Shein is now setting its sights on expanding its influence in the U.S. In pursuit of this goal, the fast-fashion eTailer is launching a venture that involves the introduction of pop-up stores and the establishment of...