Retail

Retail
Made.com Lowers Guidance for Second Time This Year as Big-Ticket Sales Stall
July 19, 2022

Home furnishings retailer Made.com on Tuesday (July 19) forecast a decline of 15% to 30% in gross sales this year, sending its stock price plummeting and signaling the era of big-ticket furniture purchases is over while a likely economic recession looms. Get the Full Story...

Retail
Klarna Launches Retail Pop-up in LA
July 18, 2022

Swedish FinTech/buy now, pay later (BNPL) provider Klarna is set to open its American retail pop-up store in Los Angeles this weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Changing Work Patterns Leave Starbucks Weighing Sale of UK Unit
July 18, 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
Nike Boosts Deals, Partnerships in Bid to Reverse Unprecedented 40% Slump
July 18, 2022

For all the triumphs and records that fill the pages of sports history, those pages are also dotted with more than a few legendary upsets, errors and outright fails. Every fan has their own example, but these athletic unravelings are so culturally important that even...

Retail
H&M Group to Leave Russia After Temporary Store Reopening in August
July 18, 2022

H&M Group is “winding down the business” in Russia after pausing sales in the region in early March following the country’s attacks on Ukraine, according to a Monday (July 18) press release. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Macy’s to Bring Toys R Us to All Stores
July 18, 2022

Buoyed by a successful relaunch of nostalgic toy store brand Toys R Us online in the past year, Macy’s said Monday (July 18) it is bringing Toys R Us to every U.S. store this holiday season, starting in late July and rolling out through mid-October,...

Retail
Grocers, Restaurants Boost Security to Confront Rising Crime
July 17, 2022

With rising crime rates, restaurants and grocery stores are revising their operations, including making changes to store hours and spending more on security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
What Won’t You Do for a Klondike Bar?
July 16, 2022

It only comes around once a year — National Ice Cream Day — it’s being celebrated on Sunday (July 17), and by happy coincidence, it aligns this year with the 100th anniversary of an iconic frozen treat, the Klondike Bar. Get the Full Story Complete...

Retail
Amazon vs Walmart Weekly: Pivoting From Prime Day to Q2 Profits
July 15, 2022

As Amazon was busy handling 100,000 transactions per second at its eighth and biggest Prime Day sales event this week, it was Just Another Tuesday for rival Walmart which is two years into an omnichannel shift that will convert its 4,700 physical stores into rapid delivery micro-fulfillment centers. Get...