Retail

Retail
Nordstrom Closes San Francisco Stores as Foot Traffic Falls
May 04, 2023

Nordstrom is reportedly shuttering two of its San Francisco stores amid declining foot traffic. 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...

Retail
Latest Fed Hike May Stymie Retailers’ Efforts to Clear Inventories
May 03, 2023

We’ve reached a milestone with interest rates — and by extension, retailers may find it tougher to sell their inventories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Convenience Drives Grocery Shopping Choices for 8 in 10 Consumers
May 03, 2023

As consumers weigh where to buy their groceries, ease and convenience are the top priorities. 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,...

Retail
Kroger Teams with Uber Eats in Bid for Greater Share of Food Spend
May 03, 2023

In an effort to embed its offerings more deeply in consumers’ day-to-day routines, The Kroger Co.is expanding its digital presence beyond grocery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023

Luxury store openings in Europe skyrocketed last year as global travel resumed. 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...

Retail
Adams Golf Shifts to D2C-Only Sales to Reach ‘Modern Golfers’
May 03, 2023

Aiming to reach a new generation of golfers, Adams Golf has moved fully online. 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...

Retail
Simon Property Group’s Strong Start to 2023 Suggests Malls Are Here to Stay 
May 03, 2023

Simon Property Group (SPG), the largest shopping center manager and developer in the United States, has had a favorable start to the year, as indicated in its first-quarter report on Tuesday, which presented gains across different metrics. However, one question remains: Are people still shopping...

Retail
Francesca’s Lures Gen Z and Millennials With Acquisition of Richer Poorer 
May 03, 2023

Francesca’s, a boutique clothing chain, has acquired the lifestyle brand Richer Poorer as part of its strategy to appeal to millennial and Gen Z women. The acquisition aims to expand the retailer’s channel reach by taking advantage of its strong wholesale network, as well as...

Retail
Tech Giants See Boost in Advertising Revenue, but Will It Last? 
May 03, 2023

Recent quarterly reports indicate that major tech companies such as Amazon and Meta have experienced a boost in advertising revenue, suggesting a possible recovery of the digital advertising industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...