Retail

Retail
Home Depot Q1 Earnings Report Shows DIY Trend Still Strong
May 17, 2022

The upswing in home improvement projects that started when people were quarantined in their homes as the COVID-19 pandemic spread across the U.S. and around the world in early 2020 seems to be continuing early in 2022, at least based on first-quarter earnings results for...

Retail
Today in Retail: GameStop Chooses Former Belk CEO Nir Patel as COO; Weber Continues Its...
May 16, 2022

Today in retail, Uber launches a pair of Los Angeles-based robotic delivery pilot programs, while Walmart and Target are among the big retailers set to report their quarterly earnings this week. Plus, Walmart is struggling to find manager candidates, even with a $210,000-plus salary. Get...

Retail
GameStop Names Former Belk Stores CEO Nir Patel As COO
May 16, 2022

GameStop Corp. named former Belk CEO Nir Patel as its new chief operating officer, effective May 31, according to a company press release Monday (May 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart Aims to Fast-Track Grads Into $200k+ Store Managers
May 16, 2022

At a time when hiring and retaining hourly retail employees has never been more costly or challenging, Walmart is raising the stakes in the industry’s wage war with a new plan to recruit and train store managers for a role it said carries an average...

Retail
Weber Continues Slide in Q2
May 16, 2022

Grill maker Weber’s efforts to turn around its flagging omnichannel retail business didn’t work out as planned in the second quarter of fiscal 2022 — the three months ending March 31. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
It’s ‘TMI Week’ for Retail, as Walmart, Target, Home Depot, Lowe’s Lead Earnings Parade
May 16, 2022

For individuals, the notion of “too much information,” or TMI, is a jab meant to push back on friends or relatives who are overly open about sharing details of their personal lives.  Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Today in Retail: Honest Sees Retail Partners as Key to Sales Rebound; Walmart’s Upcoming Earnings...
May 13, 2022

Today in retail, The Honest Company relies on its retail partnerships to get it out of a yearlong sales slump, while Walmart’s quarterly earnings report next week will carry some valuable insight for the future of the retail sector. Plus, Tesco adds flexible working space...

Retail
Tesco Tests in-Store Co-Working Space as Grocers Expand to Nonfood Categories
May 13, 2022

Tesco, the United Kingdom’s largest grocery chain, is really stretching the idea of the supermarket. 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
AMZN vs WMT Weekly: Awaiting Insight on Inflation and in-Store Shift
May 13, 2022

If Walmart’s performance during the three-month window from February through April is any indication, then the retailer’s earnings for the corresponding period ought to be very strong when it reports its fiscal first-quarter results Tuesday (May 17) morning. Get the Full Story Complete the form...