Retail

Retail
Report: Standard Chartered in Kenya to Focus on Retail Customers
March 14, 2022

Standard Chartered Plc., a London-based global financial services company, said its Kenyan branch will focus on the East African nation’s retail sector, Bloomberg reported Monday (March 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Discount Stores Gaining More Ground in Paycheck-to-Paycheck Economy
March 14, 2022

It’s belt-tightening time, pretty much for everyone. 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...

Retail
Walmart Kicks Off Annual Product ‘Gong Show’ With Open Invite to Entrepreneurs
March 14, 2022

Walmart on Monday (March 14) opened the application period for its ninth annual Open Call event, a major driver of products and innovation for the largest retailer in the U.S., as it looks to add more merchants to its marketplace. Get the Full Story Complete...

Retail
Men’s Suits, Doughnuts Out, Jog Bras, Pet Supplies In As UK Modernizes Inflation Basket
March 14, 2022

At a time when the U.S. barometer of inflation — the Consumer Price Index — is running at a 40+ year high of 7.9% and attracting more attention and scrutiny than it has seen in decades, British bureaucrats have beat America to the punch by...

Retail
Adidas Joins Sustainability Verification Initiative That Will Audit ‘Green’ Claims
March 14, 2022

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 communications from PYMNTS and...

Retail
Amazon’s Share of US eCommerce Sales Hits All-Time High of 56.7% in 2021
March 14, 2022

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 communications from PYMNTS and...

Retail
Today in Retail: Consumers Navigating Highest Grocery Prices Since the 1980s; Savage X Fenty Lingerie...
March 11, 2022

Today in retail, Ulta Beauty holds its own in the increasingly competitive beauty care sector, while APIs play an important role for businesses when it comes to payment orchestration. Plus, Rivian’s production was cut in half because of supply chain challenges, lease-to-own financing helps financially...

Retail
Highest Grocery Inflation in 40 Years has Consumers Running to Big-Name Brands
March 11, 2022

Food prices are soaring the quickest they have since the early ’80s. The U.S. Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) released Thursday (March 10) shows that in February prices for groceries increased 8.6% year over year. This increase marks the greatest 12-month...

Retail
Rihanna Eyes 3rd Billion Dollar Brand Amid Talk of Savage X Fenty Lingerie IPO
March 11, 2022

The lingerie world got a wakeup call Friday (Mar 11) amid reports that the budding Savage X Fenty brand backed by singer Rihanna is said to be considering an IPO to fund its expansion. Get the Full Story Complete the form to unlock this article...