Retail

Retail
Dwindling Cash, Mounting Headwinds Increase Pressure on Paycheck-to-Paycheck America
May 17, 2022

As that old Cole Porter song used to remind us: Things get “too hot not to cool down.” 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
Kwik Trip Adding Coinsource Bitcoin ATMs at Its 800+ Retail Locations
May 17, 2022

Bitcoin ATM network Coinsource has added machines at some of Kwik Trip’s more than 800 convenience stores and gas retail locations in Wisconsin, Minnesota, Illinois and Iowa, according to a Monday (May 16) press release. Get the Full Story Complete the form to unlock this...

Retail
Sally Beauty Adds Nail Dip Powder Brand Nailboo to Stores
May 17, 2022

The eCommerce brand is coming to a brick-and-mortar retailer with the addition of nail dip powder brand Nailboo to beauty supply retailer Sally Beauty stores through a partnership with Miami-based beauty and wellness company Underlining, according to a joint announcement Tuesday (May 17). Get the...

Retail
Walmart Sees Demand Shift for Low-Priced Bacon and High-Ticket Game Consoles
May 17, 2022

Citing unexpected pressure from supply chain costs, rising U.S. wages and what it called unusual inflationary challenges surrounding food and fuel, Walmart said Tuesday (May 17) it is making adjustments after posting its biggest earnings disappointment in at least five years. Get the Full Story...

Retail
Home Depot Q1 Earnings Report Shows DIY Trend Still Strong
May 17, 2022

The upswing in home improvement projects that started when people were quarantined in their homes as the COVID-19 pandemic spread across the U.S. and around the world in early 2020 seems to be continuing early in 2022, at least based on first-quarter earnings results for...

Retail
Today in Retail: GameStop Chooses Former Belk CEO Nir Patel as COO; Weber Continues Its...
May 16, 2022

Today in retail, Uber launches a pair of Los Angeles-based robotic delivery pilot programs, while Walmart and Target are among the big retailers set to report their quarterly earnings this week. Plus, Walmart is struggling to find manager candidates, even with a $210,000-plus salary. Get...

Retail
GameStop Names Former Belk Stores CEO Nir Patel As COO
May 16, 2022

GameStop Corp. named former Belk CEO Nir Patel as its new chief operating officer, effective May 31, according to a company press release Monday (May 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Aims to Fast-Track Grads Into $200k+ Store Managers
May 16, 2022

At a time when hiring and retaining hourly retail employees has never been more costly or challenging, Walmart is raising the stakes in the industry’s wage war with a new plan to recruit and train store managers for a role it said carries an average...

Retail
Weber Continues Slide in Q2
May 16, 2022

Grill maker Weber’s efforts to turn around its flagging omnichannel retail business didn’t work out as planned in the second quarter of fiscal 2022 — the three months ending March 31. Get the Full Story Complete the form to unlock this article and enjoy unlimited...