Retail

Retail
Mexican Department Store Liverpool Buys 9.9% Stake in Nordstrom
September 16, 2022

Two high-end department stores reportedly have a closer relationship now, as the parent company of Mexican chain Liverpool has reportedly acquired a 9.9% passive stake in U.S. chain Nordstrom for 5.9 billion pesos ($293.8 million). Get the Full Story Complete the form to unlock this...

Retail
Amazon vs Walmart Weekly: Courting Buyers, Sellers, Viewers, Bankers
September 16, 2022

Beyond the seasonal rush to ramp up for the holidays, on top of the perennial “Best Toys” campaigns, the nation’s top two retailers found themselves engaged in a different tactical tussle this week, as Amazon and Walmart each rolled out a raft of new features...

Retail
FedEx Cutbacks Could Boost Amazon Fulfillment, Seller Initiatives
September 16, 2022

Amazon’s logistics and other efforts are reportedly contributing to FedEx’s declining package volume and lower-than-expected revenue reported for the most recent quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Instacart Faces Fresh Competition in Expanding Smart Cart Sector
September 16, 2022

The battle for smart cart primacy is rolling ahead full steam as segment leader Instacart is challenged by new players looking to break its dominance of the massive omnichannel grocery category. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
BJ’s Wholesale, Rivals Chase Trade-Down Consumer Trend via SNAP EBT
September 16, 2022

Aiming to offer its members flexibility and convenience, membership warehouse club operator BJ’s Wholesale Club has begun accepting Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments when members check out on BJs.com or the company’s mobile app. Get the Full Story Complete the...

Retail
Walmart Simplifies Online EBT Use; Kroger Expands Private Label
September 15, 2022

As grocers increasingly find ways to accept Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments through their digital channels, Walmart, the world’s largest grocery retailer, is looking to make the online shopping process for recipients simpler. Get the Full Story Complete the form...

Retail
Walmart Upgrades Virtual Try-on Experience as Retail Fitting Tech Scales
September 15, 2022

For the second time in a year, Walmart has upgraded its virtual try-on technology via its new “Be Your Own Model” feature that literally puts shoppers in the picture. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Big Lots Partners With DoorDash to Meet Consumer Demand for Delivery
September 15, 2022

On-demand delivery of bargain-priced merchandise will be available to consumers under a new partnership between Big Lots and DoorDash. 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...

Retail
Report: Kanye West Ends Yeezy Partnership With Gap
September 15, 2022

Kanye West has reportedly ended his partnership with Gap, with his lawyers saying the clothing retailer hasn’t fulfilled some of its obligations under their contract. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...