Retail

Retail
Kroger Leverages Personalization to Win Share of Food Spend From Restaurants Amid Rising Prices
December 02, 2021

The rise in food costs, while bad news for consumers, has its advantages for grocers. With price concerns causing many to be more deliberate about how they spend their money, grocers can leverage their low prices relative to restaurants to hold onto their increased share...

Retail
Dollar General Goes Upscale and to the ‘Burbs With Popshelf Stores
December 02, 2021

Not content to watch the lucrative home décor and improvement wave pass it by, budget retailer Dollar General plans a significant expansion of its upmarket Popshelf store concept, pushing into younger and wealthier suburban markets seeking higher basket values. Get the Full Story Complete the...

Retail
iPhone Demand Flagging During Holiday Shopping Peak
December 02, 2021

Apple has alerted its component suppliers that it’s seeing slower demand for its suite of iPhone 13 phones, according to a Bloomberg report, in part because shoppers are planning to wait to update their smartphones when the company releases the next version of its flagship...

Retail
Thailand’s Central Group Nearing Selfridges Acquisition
December 02, 2021

Thai department store operator Central Group is moving closer to acquiring U.K. retailer Selfridges from Canada’s billionaire Weston family, three people familiar with the situation have told the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Dollar General Says No Plans to Raise Core Product Prices, Unlike Dollar Tree Rival
December 02, 2021

Dollar General is planning nearly 3,000 real estate projects for 2022, including 1,110 new stores that will vastly expand the retailer’s Popshelf store concept and see the company expand internationally for the first time. Get the Full Story Complete the form to unlock this article...

Retail
Toys R Us Still Doesn’t Know What It Wants to Be When It Grows Up
December 02, 2021

When the final two Toys R Us stores in the U.S. closed earlier this year, it looked like the end for the once-vaunted retailer, until brand management company WHP Global stepped in and vowed to reopen somewhere in the future, whether it be in airports,...

Retail
Direct-to-Consumer Brands Become Platforms as They Expand Beyond Core Products
December 02, 2021

When someone mentions “Warby Parker,” the likely first thought is “glasses.” Likewise, when “Allbirds” or “ThirdLove,” the first thought is probably “sneakers” or “bras,” respectively. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
US Consumers Say They’ll do Half of Their Remaining Holiday Shopping Online
December 02, 2021

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
UK’s Cazoo Launches in France and Germany, Intensifies Competition in Europe’s Used Car Market
December 01, 2021

Cazoo, one of Europe’s leading online car retailers, announced on Wednesday (Dec. 1) that it has launched its used car marketplace in both France and Germany, after making its first step toward European expansion in February with the purchase of Germany’s leading car subscription service,...