Retail

Retail
Roblox’s Metaverse Shows The Flexibility (And Allure) Of Online Platform Models
March 12, 2021

Now that’s a lot of bucks. Robux and real bucks. 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, PYMNTS Today. By completing this...

Retail
How A Year of COVID Has Changed Restaurants, By The Numbers
March 12, 2021

The last year has been enormously transformative for restaurants. As COVID restrictions and economic fluctuations ate away at traditional revenue sources, the industry took a serious hit. However, the year has also showcased the ingenuity of restaurants, as technological and operational changes were adopted with...

Retail
Ulta Beauty CEO To End 8-Year Stint That Doubled Store Count And Tripled Sales
March 12, 2021

After closing the books on her most challenging year ever with better than expected earnings, Ulta Beauty CEO Mary Dillon told investors that she was also closing the books on her career leading the largest chain of beauty and cosmetics stores in the country. Get...

Retail
Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
March 12, 2021

A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company, as well as the broader luxury segment. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Kirkland’s Inc. Comp Sales Rise 1.8 Pct
March 12, 2021

Kirkland’s Inc., which runs more than 370 stores in 35 states, reported as part of its financial results that comparable sales climbed 1.8 percent, including eCommerce growth of 35.5 percent, for the fourth quarter of 2020, according to a Friday (March 12) announcement. Get the...

Retail
The Buckle Reports 81.5 Pct Jump In Online Sales
March 12, 2021

Mid-priced casual retail chain The Buckle, Inc. posted an 18 percent increase in same-store sales Friday (March 12), led by an 81.5 percent increase in its online business that accounted for about one-fifth of the total, according to an announcement. Get the Full Story Complete the...

Retail
Grocery Roundup: Grocers And Lawmakers Butt Heads
March 11, 2021

As grocery worker advocates are demanding “hero pay” across the United States, some areas are heeding the call. Parts of California, most recently Santa Monica and San Francisco, but also Coachella and all of Los Angeles, have implemented ordinances requiring an additional $4-5 per hour...

Retail
Amazon Aims To Enable Purchases From TV Screens Via ‘tCommerce’
March 11, 2021

The era of “tCommerce” is upon us, if Amazon is to be believed. Amazon Studios Chief Operating Officer Albert Cheng said that after a long period of development, it seems consumers are ready to try out tCommerce, which is the buying of goods directly from...

Retail
Today In Retail: Revlon’s Net Sales Fall 10.4 Pct; Kohl’s Introduces New FLX Private-Label Brand
March 11, 2021

In today’s top retail news, Revlon, Inc. reported that its net sales dropped by 10.4 percent in the fourth quarter of 2020, while Kohl’s has unveiled its FLX private-label brand. Plus, the head of AMC Entertainment said he is “optimistic and confident” about his firm’s...