For a company whose stock had already fallen 70% in the past eight months, it would be hard to say Carvana investors were caught by surprise when the online used car retailer known for its “vending machine” delivery towers announced its first-quarter earnings results Wednesday...
Testing the limits of elasticity, Procter & Gamble (P&G) is increasing prices here, focusing on discounts there, confronting inflation with a product “superiority strategy” that’s working. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Today in retail, Victoria’s Secret unveils a brand for tweens while Amazon deploys palm-scan payment at Whole Foods in Austin, Texas. Plus, Capital Automotive Group kicks off its RideShift car-buying platform, Best Buy launches at-home electronics recycling program, Lululemon will focus on menswear and digital...
Amazon dethroned Walmart as the biggest winner of retail spend in the U.S. in 2021. 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,...
For retailers that have operated through the pandemic, one of the takeaways they’ve learned is that they must offer personalization — serving customers in the way they want to be served. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
At a time when the product refresh cycle has left most Americans with a stockpile of outdated and broken devices and gear, the nation’s largest electronics and appliance retailer has rolled out a new plan to easily and responsibly dispose of this household waste. Get...
Consumers may be going shopping less often, but when they do, they tend to spend more, especially when making retail purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Luxury retailer LVMH Beauty, a division of LVMH Moët Hennessy Louis Vuitton, and carbon-negative materials company Origin Materials have partnered to roll out “sustainable low-carbon footprint packaging for the perfumes and cosmetics industry,” according to a Tuesday (April 19) press release. Get the Full Story...
The transformation of Victoria’s Secret continues as the company unveils a new “Happy Nation” digital-only brand aimed at 8- to 13-year-old “tweens,” a company press release said Tuesday (April 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
