Retail

Retail
Today in Retail: Carter’s Q4 Led By Holiday Sales; Klarna Teams With Brookfield Malls on...
February 25, 2022

Today in retail, holiday demand drives Carter’s fourth-quarter sales, while Klarna partners with Brookfield Malls on buy now, pay later (BNPL). Plus, Instacart diversifies beyond groceries to retain customers, and Etsy’s big holiday shopping season boosts quarterly numbers. Get the Full Story Complete the form...

Retail
Etsy Active Sellers Reach 7.5M, Active Buyers Hit 96.3M
February 25, 2022

Etsy’s numbers were up across the board for the fourth quarter of fiscal 2021, with sales through the crafts-focused marketplace up 16.5% year over year to $4.2 billion, active sellers up 72% to 7.5 million and active buyers up 17.6% to 96.3 million, the company announced...

Retail
Klarna, Brookfield Bring BNPL to Malls as Consumers Demand More In-Store Availability
February 25, 2022

Swedish buy now, pay later (BNPL) giant Klarna and top-5 U.S. mall owner Brookfield Properties are teaming up to bring installment payment plans to thousands of retail tenants at over 150 shopping centers. Get the Full Story Complete the form to unlock this article and...

Retail
AMZN vs WMT Weekly: Retailers Should Study Target’s Superior Curbside Innovation
February 25, 2022

When it comes to retail industry news, Amazon and Walmart are typically tagged as titans, giants or leaders in the space.  But this week, that all changed as the top two players suddenly found themselves in the unusual position of laggards and followers — at...

Retail
Today in Retail: Gen Z, Black Card Members Help Planet Fitness Grow; Allbirds Adds Wholesale...
February 24, 2022

Today in retail, Planet Fitness reports a boom in members, and there is a mix of good and bad news for Bath & Body Works, while American Express and Resy are encouraging people to visit independent restaurants. Get the Full Story Complete the form to...

Retail
Grocery Roundup: Walmart Takes on Instacart With New Tech Partnership
February 24, 2022

Walmart’s white-label delivery service is turning its focus toward small- to medium-sized grocery retailers. 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
Ailing Allbirds Looks to Take Flight With Expanded Wholesale Effort
February 24, 2022

After three grueling months as a public company and an 80% decline in its stock price from its trading debut, eco-friendly footwear and apparel maker Allbirds is hoping third-party sellers will give its brand and bottom line a boost. Get the Full Story Complete the...

Retail
Sleep Number Blames Chip Shortage for Subpar Q4 Performance
February 24, 2022

Sleep Number Corp.’s stock price continued to tumble in early trading Thursday (Feb. 24), dropping more than 3% after a 14% dip Wednesday (Feb. 23) that came after the mattress and bedding manufacturer missed its fourth-quarter earnings expectations because of the late arrival of semiconductor...

Retail
Bath & Body Aims to Keep Record Results Momentum as CEO Steps Down
February 24, 2022

Bath & Body Works, Inc. CEO and board member Andrew Meslow will leave the company May 12 due to health issues, the company announced Wednesday (Feb. 23) as part of its quarterly update to investors and analysts. Get the Full Story Complete the form to...