Walmart and Western Union have rolled out the money transfer company’s services at the retail giant’s nearly 4,700 stores across the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The online food delivery market is growing rapidly. Before the pandemic, it was projected to hit $365 billion globally in 2030. Since then, the trend has only accelerated, with COVID-19 supercharging digital orders. As the space expands and diversifies, there is more room for specialized...
After preparing for the digital-first economy for years, Target is arguably becoming the retailer that has gained the most from its arrival. Riding the strength of stimulus checks, private-label apparel and the digital strategy honed during the pandemic, the company reported Q1 earnings on Wednesday...
The TJX Companies posted $10.1 billion in net sales for the first quarter of fiscal 2022, marking a 129 percent jump from the first quarter of fiscal 2021, according to a Wednesday (May 19) announcement. Get the Full Story Complete the form to unlock this...
Lowe’s Companies reported that comparable sales for its U.S. home improvement business surged by approximately 25 percent for the first quarter, according to a Wednesday (May 19) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
At the start of the pandemic, businesses that provide contact-free food solutions experienced a surge in demand, with companies ranging from eGrocers to third-party delivery services seeing orders come in at unprecedented rates. Get the Full Story Complete the form to unlock this article and...
In today’s top retail news, The Home Depot reported surging comparable sales, while Ally Lending has brought its financing services to Sezzle. Plus, Walmart posted better-than-expected top and bottom line growth on Tuesday (May 18). Get the Full Story Complete the form to unlock this...
Less than two weeks after a leaked memo showed that Walmart was fretting about losing share in its crucial grocery franchise, the brick-and-mortar giant said Tuesday (May 18) that it had actually increased it slice of the food and beverage category over the past 90 days. Get...
Department stores are so 2020. At Macy’s, even though it defined the category for decades, the company worked hard during its earnings call Tuesday (May 18) to introduce a new phrase into its positioning. Get used to “a digitally-led omnichannel retailer.” That was the oft-repeated...
