With his first week in his new role under his belt, newly promoted Amazon CEO Andy Jassy has made it clear that he’s not only running the world’s largest online retailer, but he’s also sitting atop one of the world’s biggest conglomerates. Get the Full...
Five Below, an off-price retailer that has more than 1,050 stores in 39 states, reported that its net sales surged by approximately 198 percent between Q1 fiscal 2020 and Q1 fiscal 2021, according to an announcement. In addition, the retailer’s comparable sales soared by 162 percent...
Good news for those who like to try before they buy in the grocery store: In-store sampling is making its return. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Rent the Runway is in the midst of talking with banks as it makes moves toward an initial public offering (IPO) that could take place sometime in 2021, Bloomberg reported on Thursday (June 3), citing sources. Get the Full Story Complete the form to unlock...
In today’s top retail news, BJ’s Wholesale Club has tapped Citizens Bank to let members finance purchases over $99, while PVH announced as part of its financial results that its direct-to-consumer (D2C) revenue soared. Plus, Target and Walmart have revealed sales events to match Amazon’s...
Now that U.S. consumers are finding it safer to return to pre-pandemic activities, The North Face wants to make sure they get outside. And that means everyone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
PVH, whose stable of brands includes names such as Tommy Hilfiger and Calvin Klein, reported its total direct-to-consumer (D2C) revenue surged by 66 percent in the first quarter of 2021 from the prior year period, according to an announcement. Get the Full Story Complete the form...
BJ’s Wholesale Club has tapped Citizens Bank to provide Citizens Pay as a buy now, pay later (BNPL) payment option for members to finance purchases in excess of $99, according to a Thursday (June 3) announcement. Get the Full Story Complete the form to unlock...
As if on cue, Walmart, Target and other retailers are moving to dilute Amazon’s just-announced annual Prime Day event on June 21 and 22 by revealing their own plans to hold competing sales later this month. Get the Full Story Complete the form to unlock...
