Retail

Retail
Digital Transactions Now 37% of Nordstrom’s Total Sales, CEO Says
August 27, 2024

Digital sales are climbing steadily at Nordstrom, and displaying a consistent upward trajectory. 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....

Retail
Retailers Tackle the High Cost of Returns by Incentivizing People Not To
August 27, 2024

Retailers are facing mounting pressure from the costs associated with returns, but they are also discovering ways to turn this challenge into an opportunity for growth, Catherine Dummitt, VP of marketing at Narvar, told PYMNTS. Get the Full Story Complete the form to unlock this...

Retail
Malls Look to Future With Experiential Retail as They Navigate Macy’s Changes
August 26, 2024

As U.S. malls grapple with shifting consumer preferences and the digital revolution, they are undergoing a transformation. 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...

Retail
Ikea Tests Appetite for Secondhand Furniture With ‘Preowned’ Marketplace
August 26, 2024

IKEA is reportedly testing a peer-to-peer marketplace where customers can sell each other secondhand furniture. 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,...

Retail
Instacart Product Chief Says Grocery’s Future Is All About the AI-Powered ‘Personal Planogram’
August 26, 2024

One hundred years ago, the grocery shopper was just trying out the new concept of chain stores like Piggly Wiggly, A&P and King Kullen. She would visit one of these chains with sawdust on the floor and handwritten price tags for items like sirloin steak...

Retail
Higher-Income Shoppers Twice as Likely to Look for Deals at Walmart+ Week Sale
August 26, 2024

As promotional events like Amazon Prime Days and Walmart+ Week escalate the rivalry between Walmart and Amazon, distinct consumer trends have emerged. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Starbucks Turns to Pumpkin Spice Lattes to Perk Up Sales
August 24, 2024

As Starbucks struggles with comparable sales declines, the coffeehouse giant is evidently asking, “Maybe the Pumpkin Spice Latte will fix it?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
August 23, 2024

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic uncertainty and ongoing supply chain disruptions. While the three retailers have carved out their respective niches, they face unique obstacles...

Retail
50% of Amazon Prime, Walmart+ Subscribers Step Up During Sales Events
August 23, 2024

As retailers vie to capture consumer interest, the juxtaposition of Amazon Prime Day and Walmart+ Week underscores the evolving landscape of shopper loyalty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...