Retail

Retail
Despite Higher Prices, UK Quick Service Restaurants See Rising Demand
May 24, 2022

British quick service restaurants (QSR) are raising their prices amid a rising demand as commuters begin returning to their office jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Today in Retail: Auto Parts Retailers Face Challenges as Market Evolves; Firework Raises $150M
May 24, 2022

Today in retail, Walmart drone delivery service expands to six states while electric vehicle companies use digital screens and apps to promote local merchants. Plus, Abercrombie & Fitch faces a year of transition and Best Buy changes its plans and projections after its quarterly earnings...

Retail
EV Charging Stations’ Digital Screens, Apps Promote Nearby Stores
May 24, 2022

Electric vehicle (EV) charging networks’ stations and apps are promoting commerce beyond just charging vehicles. Increasingly, they’re being used to promote other brands and stores that are near where the vehicle will be parked. Get the Full Story Complete the form to unlock this article...

Retail
From Aging Cars to EVs to Record Gas Prices, Auto Parts Retailers Face Big Changes
May 24, 2022

The American love affair with cars may still be intact but that special, 100-year-old relationship has never faced more changes and challenges at one time than it is right now.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Best Buy Revises Its FY23 Plans After Q1 Struggle
May 24, 2022

Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some other brands, and that struggle has the company rethinking what lies ahead for it the rest of this fiscal year....

Retail
Abercrombie & Fitch Facing Transition Period
May 24, 2022

Abercrombie & Fitch expects to close about 30 stores this year as it continues to focus on its transition to omnichannel retail sales, company officials said Tuesday (May 24) on an earnings call with investors and analysts. Get the Full Story Complete the form to...

Retail
Walmart Ups Drone Delivery Comp With Amazon, Expands Program to 6 States
May 24, 2022

Ask a Walmart executive, “What’s up?” these days and chances are they’ll say “drones.” 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
Today in Retail: GameStop Launches Digital Asset Wallet for Jump Into Crypto, NFTs
May 23, 2022

Today in retail, GameStop rolls out a digital wallet as it gets into cryptocurrency and non-fungible tokens (NFTs). Plus, Wantable lets consumers choose when they cancel subscriptions, the average age of vehicles on American roads is 12.2 years, a diesel fuel price hike has retailers...

Retail
Retailers Seek New Supply Chain Efficiencies to Offset Soaring Diesel
May 23, 2022

If you think the $100 hit from filling your tank with gasoline is bad, imagine how truck drivers and fleet operators feel when they face costs ranging from $700 to $1700 to fuel up a big rig with diesel. Get the Full Story Complete the...