Retail

Retail
Amazon Piles on the Prime Perks to Kick off Thursday Night Football Coverage
September 13, 2022

With Thursday Night Football becoming an exclusive feature of Amazon Prime beginning Thursday (Sept. 15), Amazon is rolling out several promotions to build excitement and create awareness around this new addition to its lineup of streaming content. Get the Full Story Complete the form to...

Retail
Rent the Runway Links Rising Remote Work With Declining Apparel Subscriptions
September 13, 2022

Rent the Runway is reducing its corporate workforce by 24% as part of a restructuring plan after a quarter in which the fashion rental and resale company’s number of active subscribers dipped from about 135,000 to 124,000. Get the Full Story Complete the form to...

Retail
Luxury Brands Prepare for ‘Millennial Domination’
September 12, 2022

As much as luxury apparel brands are mapping out their omnichannel future to tap into changing demographic trends and more brand-engaged consumers, there’s one big blind spot that needs to be addressed. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Target Partners With FAO Schwarz on Exclusive Toys, Product Demos
September 12, 2022

Heading into the holiday season, Target has announced a multiyear agreement with FAO Schwarz in which the toy brand’s products will be available only at Target’s stores and website and at FAO Schwarz’s stores. Get the Full Story Complete the form to unlock this article...

Retail
Electrolux Says Consumers and Retailers Are Scaling Back Appliance Orders
September 12, 2022

Facing weaker than expected consumer demand in Europe and North America, Swedish home appliance company Electrolux is cutting costs in both regions and launching a turnaround program in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Ikea looks to Drive in-Store Traffic With 5% Loyalty Discount
September 12, 2022

As Ikea moves to reinvent its physical retail presence and drive more foot traffic to its stores, the Swedish-founded conglomerate known for its unfussy, ready-to-assemble furniture is expanding the perks of its free loyalty club. Get the Full Story Complete the form to unlock this...

Retail
Retailers Brace as 70% of US Consumers Skip Retail Purchases to Buy Groceries and Gas
September 12, 2022

RH (Restoration Hardware) CEO Gary Friedman and Kroger CEO Rodney McMullen both had it right last week when they reported their respective Q2 earnings: Inflation is taking a heavy toll on consumer spend. Get the Full Story Complete the form to unlock this article and...

Retail
As Grocers Push Private Labels, Brands Seek Loyalty Online
September 09, 2022

In the grocery segment, it’s the tug of war for space on the (brick and mortar and virtual) shelves. 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
Amazon vs Walmart Weekly: An Unprecedented Price War in Healthcare
September 09, 2022

When news crossed this week that Walmart, the self-titled leader for “everyday low prices,” had struck a 10-year deal with UnitedHealth, it was likely unsurprising to most industry observers to see the word “affordable” prominently placed atop the announcement. Get the Full Story Complete the...