Retail

Retail
AMZN vs WMT Weekly: Healthy Pursuits, a Product Reboot and a Pair of Lawsuits
March 25, 2022

The contest between Walmart and Amazon for supremacy in the vast health and personal care category is narrowing and heating up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Mavi.io Debuts In-Car Ordering App for Retail
March 24, 2022

Mavi.io has made a new in-car commerce app to let shoppers order goods from their car dashboard, the company announced in a press release Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Today in Retail: Traeger Stock Sinks After Lower Sales Predictions; Ollie’s Expects to Benefit from...
March 24, 2022

Today in retail, Oxford Industries’ CEO said consumers are willing to pay full price when they find a brand that makes them happy, while Instacart is creating micro-fulfillment warehouses for instant deliveries. Plus, Movado Group announced a 15.5% net sales growth in its fiscal 2022...

Retail
Consumers Pay Full Price for Brands That Make Them Happy, Tommy Bahama Parent Says
March 24, 2022

At a time when news about inflation and cost-consciousness seems inescapable, it is notable to hear a retailer speak of consumers’ willingness to pay full price for things that make them happy. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Traeger Stock Down Almost 16% After Grill Maker Predicts Sales Drop
March 24, 2022

Traeger Inc.’s stock is down almost 16% in early trading Thursday (March 24) after the grill maker said in a Wednesday (March 23) press release that it’s anticipating lower sales for fiscal 2022 because of inflation, lower customer confidence and tighter margins. Get the Full Story...

Retail
Movado Group’s Online Retail Growth Leads to 15.5% Net Sales Increase
March 24, 2022

Luxury is going online, at least for Movado Group in the fourth quarter of fiscal 2022, as the company called out growth in online retail as one of the driving factors in its quarterly net sales increase of 15.5% for the three-month period that ended...

Retail
Deep Discounter Ollie’s Says Consumer ‘Trade-Down Effect Is Coming Soon’
March 24, 2022

It is perhaps no surprise that Ollie’s Bargain Outlet, which was launched in 1982 amid the last bout of double-digit inflation, is preparing for a big 40th anniversary year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Walmart Sues Rival, Claiming BJ’s Copied Scan & Go Self-Checkout Tech
March 23, 2022

Walmart and Sam’s Club, the retailer’s big-box warehouse subsidiary, have accused rival retailer BJ’s Wholesale Club of stealing technology in a new lawsuit, CNBC wrote Wednesday (March 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Today in Retail: Macy’s Adding More Backstage Stores; GameStop Chairman Ryan Cohen’s Tweet Boosts Company...
March 23, 2022

Today in retail, Instagram’s algorithm change triggers a social commerce drop for food companies, while inflation could come to the rescue for secondhand apparel retailer Poshmark. Plus, Petco focuses on its long-term plans for its health and wellness growth. Get the Full Story Complete the...