Party City Holdco Inc., the party goods company, posted an approximately 36 percent jump in brand comparable sales in the first quarter from the 13 weeks that ended April 4, 2020. In a Monday (May 10) earnings press release, the company also said that brand...
After years of relatively low inflation, Americans have begun to see higher prices for goods and services in the wake of the pandemic, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top retail news, Spectrum Brands reported its net sales climbed by 22.6 percent, while Stamps.com reported that total revenue increased by 25 percent. Plus, Peloton said its connected fitness subscriber base soared by 135 percent to a record 2 million users. Get the...
Peloton, the maker of upscale fitness equipment and workout programs, said Thursday (May 6) its connected fitness subscribers rose 135 percent to a record 2 million users despite being embroiled in an ongoing government-mandated safety recall of its two treadmill products. Get the Full Story...
Just days after Amazon’s latest round of record earnings results, as well as a new PYMNTS prediction that its sales growth will outpace Walmart’s by a 3-to-1 margin over the next five years, the dominant online retailer is starting to home in on Prime Day...
After more than a year of lockdowns and COVID-related lifestyle restrictions, consumers’ pent-up demand and desire to play again could be seen in a trio of sports-related forecasts Friday (May 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
eCommerce shipping provider Stamps.com reported as part of its financial results that total revenue surged 25 percent from $151.3 million in Q1 2020 to $189.1 million in Q1 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Spectrum Brands, whose portfolio includes brands like Repel, George Foreman and Kwikset, reported that net sales climbed 22.6 percent for the second quarter of fiscal 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the surge of eCommerce lies a double-edged sword. 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,...
