Lowe’s Companies reported that comparable sales for its U.S. home improvement business surged by approximately 25 percent for the first quarter, according to a Wednesday (May 19) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
At the start of the pandemic, businesses that provide contact-free food solutions experienced a surge in demand, with companies ranging from eGrocers to third-party delivery services seeing orders come in at unprecedented rates. Get the Full Story Complete the form to unlock this article and...
In today’s top retail news, The Home Depot reported surging comparable sales, while Ally Lending has brought its financing services to Sezzle. Plus, Walmart posted better-than-expected top and bottom line growth on Tuesday (May 18). Get the Full Story Complete the form to unlock this...
Less than two weeks after a leaked memo showed that Walmart was fretting about losing share in its crucial grocery franchise, the brick-and-mortar giant said Tuesday (May 18) that it had actually increased it slice of the food and beverage category over the past 90 days. Get...
Department stores are so 2020. At Macy’s, even though it defined the category for decades, the company worked hard during its earnings call Tuesday (May 18) to introduce a new phrase into its positioning. Get used to “a digitally-led omnichannel retailer.” That was the oft-repeated...
Ally Bank’s personal lending division, Ally Lending, has brought its financing services to retail payments platform Sezzle, according to a Tuesday (May 18) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The world’s largest brick-and-mortar retailer delivered better than expected top and bottom-line growth Tuesday (May 18), as Walmart said more customers bought merchandise online and were increasingly inclined to head into its 10,500 stores. Get the Full Story Complete the form to unlock this article...
The Home Depot reported that comparable sales for the first quarter of fiscal 2021 surged by 31 percent and comparable sales in the U.S. jumped by 29.9 percent from the same period last fiscal year, according to a Tuesday (May 18) announcement. Get the Full...
In 2020, private label sales hit a record high, accounting for almost a quarter of all products sold during the year, hitting an all-time high of $27.3 billion, said the industry trade group Private Label Manufacturers Association. Get the Full Story Complete the form to...
