Retail

Retail
The Data Point: 75% of Consumers Will Buy More in ‘Relationships’ Like Subscriptions
June 03, 2022

eCommerce will keep roaring no matter what the markets do this quarter or next. What will change is the mix of brand and merchant programs consumers will keep, and which not. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Wage, Job Gains Hint at Inflation Ahead for Retailers
June 03, 2022

More money, more problems. 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, you agree to receive marketing...

Retail
Walmart Intros 4 Next-Gen Fulfilment Centers
June 03, 2022

Walmart is opening four new next-generation fulfillment centers with high-tech capabilities using a combination of people, robotics and machine learning. The move is to ensure that the retail giant can continue cranking out orders to consumer fast, whether in-store, pick-up or delivery. Get the Full...

Retail
Lululemon Trumpets ‘Strong Start’ to 2022
June 03, 2022

Despite supply chain issues, inflation and the ongoing impact of COVID-19, apparel retailer Lululemon said it began the year on a strong note as it continues its five-year growth plan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Pinterest to Acquire Online Fashion Retailer THE YES
June 03, 2022

Pinterest took another step toward its goal of becoming more commerce-focused Thursday (June 2) with the acquisition of THE YES, an online fashion shopping platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
AMZN vs WMT Weekly: Fulfillment, Fairness and Food
June 03, 2022

As much as Amazon feels it is being singled out by proposed legislation in Congress, that it claims would hurt small businesses that rely on its order fulfillment services while also disrupting the value and variety of products on its platform that consumers love, that threat has...

Retail
Kohl’s Gets 2 Competing Takeover Bids
June 02, 2022

Kohl’s has been the recipient of takeover bids from private equity firm Sycamore Partners and Franchise Group, a retail holding company, The Wall Street Journal (WSJ) wrote Thursday (June 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Today in Retail: GameStop Increases Its Digital Focus; Fighting Back Against the Rise of Friendly...
June 02, 2022

Today in retail, Walmart’s eCommerce head refers to its 4,700 stores as “shoppable fulfillment centers.” Plus, online sneaker startup KicksCrew is expanding its reach, Walmart and Gap team up on a home collection for kids and online car marketplaces are spurring profits across the MENA...

Retail
Walmart’s New eCommerce Chief Calls Stores ‘Shoppable Fulfillment Centers’
June 02, 2022

Walmart U.S. Chief eCommerce Officer Tom Ward said shoppers have become more reliant on eCommerce since the start of the pandemic, and he sees his company as ready to embrace that transformation, as brick-and-mortar stores have a new place in our lives these days. Get...