Retail

Retail
Walmart Touts Low-Cost Basics as Amazon Flaunts Sales and Tech Upgrades
September 30, 2022

After a week of rolling out more than a dozen device advancements, smart home technology upgrades and new out-of-the-box connected gadgets, Amazon SVP of Devices and Services Dave Limp wrapped the annual product event like this: Get the Full Story Complete the form to unlock this...

Retail
Rent-A-Center Sparks Rethink of Rent-to-Own Model
September 30, 2022

The rent-to-own and lease-to-own retail concepts that seem tailor made for recession-pressed consumers with subprime credit are in fact seeing their models tested by an unforgiving market where shoppers are showing a preference for bargains and extra sensitivity toward fees. Get the Full Story Complete...

Retail
Retailers Revisit ‘Free Shipping, Free Returns’ as Costs Soar
September 30, 2022

H&M may become the latest merchant to begin charging a fee when customers return items they’ve purchased 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...

Retail
Report: Burberry’s Markdowns Hurt Its Luxury Image
September 30, 2022

United Kingdom-based Burberry is reportedly facing the challenges of being a luxury brand whose image is not as upmarket as some of its rivals as well as being an independent brand at a time when many others are part of conglomerates. Get the Full Story...

Retail
Nike Promises ‘Decisive Action’ on Inventory, More Investment in D2C
September 30, 2022

“We face a new degree of complexity,” Nike CFO Matthew Friend told analysts Thursday, in the wake of the athletic shoe, apparel and equipment maker’s fiscal first quarter earnings results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Food Lion Expands Pickup; NGA to Boost eCommerce SNAP Acceptance
September 29, 2022

For today’s major grocers to remain competitive, omnichannel accessibility is key. 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...

Retail
CarMax Faced With Growing Consumer Demand for Cheaper Cars
September 29, 2022

Difficult economic conditions are leading car shoppers to look for less-expensive used vehicles, CarMax President and CEO Bill Nash said Thursday (Sept. 29) during the company’s quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Peloton Goes Instore With Dick’s Sporting Goods
September 29, 2022

In a pre-holiday push aimed at boosting sales, membership and subscribers, Peloton announced Thursday (Sept 29) that it was launching 100 branded store-in-store locations in what it called an exclusive retail and online partnership with Dick’s Sporting Goods. Get the Full Story Complete the form to...

Retail
Bed Bath & Beyond Adds App, Registry, Rewards to Turnaround Efforts
September 29, 2022

A new app, a baby registry and a rewards program are among the latest services announced or introduced by Bed Bath & Beyond in its efforts to turn around its declining sales. Get the Full Story Complete the form to unlock this article and enjoy...