Retail

Holiday Shopping Numbers Fall Short of NRF Forecast
Retail
Holiday Shopping Numbers Fall Short of NRF Forecast
January 19, 2023

The National Retail Federation says 2022 holiday sales grew 5.3%, missing an earlier forecast. 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...

Grocers Fail to See Expected Surge as Shoppers Cut Back
Retail
Grocers Fail to See Expected Surge as Shoppers Cut Back
January 18, 2023

December sales data reveals that grocers did not get the predicted boost this holiday season. 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,...

Allbirds Says eCommerce-Only Model Limits D2C Brands’ Growth Potential
Retail
Allbirds Says eCommerce-Only Model Limits D2C Brands’ Growth Potential
January 18, 2023

As D2C brands build their followings, remaining digital-only can restrict their growth. 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...

Slumping Sales Could Stoke Retail Industry’s Appetite for Digital Efficiencies
Retail
Slumping Sales Could Stoke Retail Industry’s Appetite for Digital Efficiencies
January 18, 2023

With retailers posting their worst results in a year during their most important month for sales, the time for self-guided digitalization has arrived. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Burberry and Richemont Look to Reopened China After 25% Sales Drop
Retail
Burberry and Richemont Look to Reopened China After 25% Sales Drop
January 18, 2023

After a COVID-inspired sales drop, luxury brands Burberry and Richemont see hope in China’s reopening. 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,...

Party City Files For Bankruptcy to Find ‘Stronger Footing’
Retail
Party City Files For Bankruptcy to Find ‘Stronger Footing’
January 18, 2023

Party City is seeking bankruptcy protection, the latest casualty of consumer cutbacks on non-essential spending. 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,...

Google, Sony, Oracle to NRF: You Can’t Spell Retail Without ‘A-I’
Retail
Google, Sony, Oracle to NRF: You Can’t Spell Retail Without ‘A-I’
January 18, 2023

Officially it’s called Retail’s Big Show, but NRF 2023 was also about Retail’s Big Tech. 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,...

Department Stores Lead 1.1% Drop in December Retail Sales
Retail
Department Stores Lead 1.1% Drop in December Retail Sales
January 18, 2023

U.S. retail sales fell for a second month in December as slumping department store receipts saw the key economic benchmark post its weakest tally in a year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

6 in 10 Grocers Say Self-Service Key to Shopper Loyalty
Retail
6 in 10 Grocers Say Self-Service Key to Shopper Loyalty
January 17, 2023

Grocers are noticing that, to win shoppers’ loyalty, they have to offer self-service checkout options. 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,...