Retail

Retail
Abercrombie & Fitch: Inflation Impacts Some Brands More Than Others
August 25, 2022

Inflation and other economic pressures are affecting brands in different ways, even when they belong to the same corporate parent.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Transformation of Victoria’s Secret Hindered By Slow Consumer Spending
August 25, 2022

Victoria’s Secret is still trying to find footing with its brand transformation, but the company said Wednesday (Aug. 24) in earnings materials released along with a conference call that some of its financial results have been within the expected range as it continues with this...

Retail
Will New Perks at Walmart+ Boost Non-Grocery Buying?
August 25, 2022

As Amazon Prime subscribers ready for the globally anticipated premier of “The Lord of the Rings: The Rings of Power,” series, Walmart+ members now have the Paramount+ vault as a benefit, with properties like “Star Trek” and “Frasier.” It’s a cinematic example of the arms...

Retail
Why Peloton’s Biggest Problem Isn’t the Hardware
August 25, 2022

The turnaround plan for Peloton prioritizes the growth of its digital offerings over its high-end bike and treadmill sales as the company looks to boost its recurring revenue and appeal to a wider user base. Get the Full Story Complete the form to unlock this...

Retail
Williams-Sonoma: ‘Digital First’ Drives Growth
August 25, 2022

A business model that’s digital-first, design-led and sustainable is paying off for Williams-Sonoma, the home retailer said Wednesday (Aug. 24) while reporting record second quarter results.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Dollar General, Dollar Tree See Growth as Consumers Seek Lower Prices
August 25, 2022

Dollar stores are benefiting from consumers seeking affordable necessities amid skyrocketing inflation. 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...

Retail
Nordstrom and Macy’s Lean Into Personalization to Lock In Shopper Loyalty
August 24, 2022

Finding a bright spot in the parade of dim second-quarter earnings reports from major retailers is difficult, however, the common thread of hope is a deeper focus on personalization and loyalty, leveraging omnichannel to its fullest in a quest for motivating customer engagement. Get the...

Retail
Walmart Adds Rewards Program as Shoppers Watch Budgets
August 24, 2022

Aiming to offer additional savings to budget-conscious shoppers, Walmart has added a rewards program to its subscription platform Walmart+.  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...

Retail
Petco’s Recurring Subscription Revenues Cushion Consumer Downshift
August 24, 2022

Not immune to inflationary economics, pet supply is dealing with the same headwinds as other consumables sectors, but with the cushion of pet parent love upholding some areas, particularly in subscriptions where savings and perks stretch pet care dollars. Get the Full Story Complete the...