Best Buy saw a decline in sales during the second quarter, the electronics retailer reported Tuesday (Aug. 30), as consumers shied away from home theater and computer purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Whether it’s Walmart, Target, Kohl’s, Macy’s, Gap or any of several dozen other large retailers that have updated investors over the past few weeks, the one universal reality is that inventory levels are up and prices are coming down as a way to rectify that...
eCommerce company Cart.com has expanded its fulfillment centers in Memphis, Columbus, Salt Lake City and North Texas. 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...
Meta has joined forces with Indian eCommerce company JioMart to give customers the chance to buy groceries within Meta’s WhatsApp chat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Since the start of the pandemic in 2020, Chinese tourists — once the darlings of luxury spending on European high streets — have been such a scarce sight it’s causing retailers to revamp strategies going forward. Get the Full Story Complete the form to unlock...
Luxury goods reseller The RealReal is looking to cut costs and sell higher-margin products in an effort to turn its first profit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
In life, as in retail, there are two types of “falls.” 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...
Even as consumers return to brick-and-mortar stores, they continue to shop online as well, Ulta Beauty reported Thursday (Aug. 25) during its quarterly earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
We’ve seen a series of “great” trends emerge from the pandemic. There was the great digital shift, the great resignation, the great unsubscribe, and now the great trade down trend of 2022 joins the list. Get the Full Story Complete the form to unlock this...
