Retail

Retail
Grocery Roundup: Digital Innovation Targets The ‘Connected Customer’
April 01, 2021

At a virtual Food Marketing Conference, Kevin Holt, CEO of Ahold Delhaize USA (ADUSA), told attendees that the company is looking for more seamless, convenient ways to target today’s “connected customer,” reported Supermarket News. Get the Full Story Complete the form to unlock this article...

Retail
Today In Retail: Kohl’s Board Aims For Re-Election; reCommerce Platform Backflip Officially Launches
April 01, 2021

In today’s top retail news, Kohl’s present board is seeking re-election amid an activist challenge, while Backflip has left stealth mode and officially rolled out. Plus, Guess anticipates that sales and earnings will double by 2025. Get the Full Story Complete the form to unlock...

Retail
Electronics reCommerce Platform Backflip Officially Rolls Out
April 01, 2021

Backflip has come out of stealth mode and officially rolled out. The rollout comes after a beta phase in which the company, which lets consumers sell old or used electronic devices, paid out more than a half a million dollars to its clients, according to...

Retail
CarMax Investing In Digital And Adding Stores As Finance Unit Soars
April 01, 2021

CarMax, the country’s largest chain of over 200 used car dealerships, said Thursday (April 1) it planned to return capital investment to pre-pandemic levels with plans to open 10 additional stores, grow its digital efforts and fund the $400 million full acquisition of auto-industry data...

Retail
Denim Retailer Guess Sees Sales And Earnings Doubling By 2025
April 01, 2021

After closing the books on what it called “a challenging but rewarding year,” Los Angeles-based apparel designer and retailer Guess reiterated its long-term strategic plan in its earnings report on Wednesday (March 31) and said it still expects to nearly double its sales and earnings over...

Retail
Kohl’s Board Seeks Re-Election Amid Activist Challenge
April 01, 2021

Kohl’s current board asked shareholders to vote for “all of Kohl’s highly qualified director nominees” amid a challenge from activist investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
‘Circular Fashion’ Goes Vertical With RealReal’s New Collaborative Upcycling Collection
April 01, 2021

At a time of surging interest in secondhand apparel or recommerce, the country’s leading luxury resale platform The RealReal has unveiled a new line of upcycled clothing made from items donated by eight fashion design partners. Get the Full Story Complete the form to unlock...

Retail
UK Merchants Reckon With Post-Pandemic Contactless Retail Reality
April 01, 2021

Consumers in the U.K., much like consumers most everywhere, have gone decidedly digital in the last 12 months, a fact demonstrated by the numbers in the recently released PYMNTS/Cybersource Global Digital Shopping Index U.K. Edition. Close to half of all U.K. consumers — 46 percent —...

Retail
Regional Grocer Takes Digital Journey Through The Pandemic
March 31, 2021

It’s been a huge year for eCommerce innovation in the grocery industry. Digital-native online grocers have been expanding, while leading national and international supermarket chains have been rolling out new digital features, reinventing themselves and beginning to establish the omnichannel experience of the industry’s future....