Retail

Retail
What To Get The Couple That Has Everything? Experiences Now Top Wedding Gift Lists
August 20, 2021

As this summer has progressed and socialization norms have returned, so too have the perennial collections of wedding photos across social media — and with that, the resumption of scrolling through registries to determine what gift to bestow upon the bride and groom. Get the...

Retail
AMZN vs. WMT Weekly: Omnichannel Boosts Walmart Earnings; Amazon Signals It’s All-In On Brick-and-Mortar
August 20, 2021

In a battle that has thus far been primarily fought across a digital landscape, Amazon this week appeared to be taking its rivalry with Walmart to the physical realm, with news that it plans to open department store-style physical locations in the coming years. Get...

Retail
Consumer Anxieties Pull Holiday Shopping Into Back-To-School Season
August 20, 2021

Before the pandemic, if you can remember that long ago, there was a back-to-school shopping season and a holiday shopping season, and never the twain shall meet. With so much time between August and November (relatively speaking), Nikki Baird, vice president of retail innovation at...

Retail
Ross Stores Execs See Delta-Driven Supply Chain Problems
August 20, 2021

Executives at Ross Stores, the parent of Ross Dress for Less and dd’s DISCOUNTS apparel and home goods stores, are concerned that a global supply chain crunch driven by the COVID-19 Delta variant could deliver a hit to upcoming earnings, even as the company reported...

Retail
Foot Locker Cashes In On Supply Constraints
August 20, 2021

Foot Locker Inc. benefitted during the fiscal quarter that ended July 31 from strong demand and relatively low supplies of products — factors that combined let the supplier of athletic shoes and apparel maintain sales without having to discount heavily, a top executive with the...

Retail
Today In Retail: Amazon’s Big Plans For Big Stores; Home Improvement Retailers Compete For Contractors’...
August 20, 2021

In today’s top retail news, Amazon is reportedly planning to open department store-style retail locations in the coming years, while Lowe’s, Home Depot and other home improvement stores see an increase in professional traffic as consumers dig into bigger home projects. Also, new luxury brands...

Retail
Target To Open 4 Regional ‘Sortation’ Centers For Deliveries
August 19, 2021

Target will be debuting sortation centers to help boost the speed of business, according to a company blog post. 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
Farfetch Reports Over $1 Billion In Merchandise Volume For Q2
August 19, 2021

Farfetch, which works as a global platform for the luxury industry, has seen its gross merchandise volume (GMV) exceed $1 billion since last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Food Tech: SpartanNash Boosts Margins; Ocado Sales Fall
August 19, 2021

Today in restaurant and grocery tech news, SpartanNash rethinks its supply chain, while Just Eat Takeaway.com launches a debit card. Plus, Ocado has a rough few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...