Retail

Retail
UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase
September 23, 2022

Retailers in the U.K. reported a drop in sales for September and expect that trend to continue next month as businesses prepare for the holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Costco Earnings Reflect New Competition as Consumers, Rival Retailers Trade Down
September 23, 2022

Since opening its first warehouse store in Seattle 40 years ago, Costco has never wavered from its mission “to continually provide our members with quality goods and services at the lowest possible prices.” Get the Full Story Complete the form to unlock this article and...

Retail
Kroger Boosts eCommerce Efforts; DoorDash Drives Sales With DoubleDash
September 22, 2022

Kroger, the United States’ leading pure-play grocer, is making several moves to boost its competitive position in eCommerce across grocery and prepared meal categories. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Retailers Sharpen in-House Ads to Bring Fresh Revenue, Better Brand Service
September 22, 2022

In some ways, a new ad platform launched today (Sept. 22) by alcohol eCommerce site Drizly is the retail industry equivalent of a dating service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Target to Launch Early Holiday Deals, Hire 100K Workers
September 22, 2022

The holiday shopping season is starting Oct. 6-8 at Target, as one of the largest retail chains in the United States launches a Deals Day event with thousands of select items discounted for that window of time only. Get the Full Story Complete the form...

Retail
Kohl’s Should Replace CEO, Board Chair, Ancora Says
September 22, 2022

After helping oust several Kohl’s board members last year, hedge fund Ancora Holdings is now calling on the retailer’s CEO and board chairman to step down from running the country’s largest department store. Get the Full Story Complete the form to unlock this article and...

Retail
Walmart’s Social Commerce Shift Lowers Walls Between Physical, Digital Retail
September 21, 2022

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 form, you agree to receive marketing communications from PYMNTS and...

Retail
Walmart Seasonal Hiring Plans Down 75% vs Last Year
September 21, 2022

Walmart plans to hire 40,000 employees for the upcoming holidays, a 75% drop from the retailer’s 150,000-worker target from last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
September 21, 2022

Faced with a drop in revenue and active users, personal styling site Stitch Fix plans to spend the new fiscal year fixing itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...