Retail

Retail
Target To Open 4 Regional ‘Sortation’ Centers For Deliveries
August 19, 2021

Target will be debuting sortation centers to help boost the speed of business, according to a company blog post. 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...

Retail
Farfetch Reports Over $1 Billion In Merchandise Volume For Q2
August 19, 2021

Farfetch, which works as a global platform for the luxury industry, has seen its gross merchandise volume (GMV) exceed $1 billion since last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Food Tech: SpartanNash Boosts Margins; Ocado Sales Fall
August 19, 2021

Today in restaurant and grocery tech news, SpartanNash rethinks its supply chain, while Just Eat Takeaway.com launches a debit card. Plus, Ocado has a rough few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Grocery Roundup: Ocado Sees First-Ever Sales Decline; Food Industry Celebrates SNAP EBT Increase
August 19, 2021

For the first time in its history, United Kingdom-based eGrocery company Ocado is seeing sales fall. Sales dropped 0.7 percent year over year for the 12 weeks ending Aug. 8, data analytics company Kantar reported Tuesday (Aug .17), the first downturn for the company. Get...

Retail
SpartanNash Overhauls Supply Chain In Push To Return To 2018 Profitability  
August 19, 2021

Amid widespread ingredient shortages, rising food costs and disruptions, grocery distributor and retailer SpartanNash is rethinking its entire supply chain. The company’s President and CEO Tony Sarsam told analysts on a call on Thursday (Aug. 19) discussing Q2 earnings that the company is making major...

Retail
Just Eat Takeaway.com Rolls Out Pre-Paid Card For Meal Expenses
August 19, 2021

Global delivery giant Just Eat Takeaway.com is launching a debit card to make it easier for employees to cover meal expenses offline or online without filling out reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Kohl’s Raises Full-Year Guidance After Q2 Performance
August 19, 2021

The first half of fiscal 2021 for the department store retail chain Kohl’s — and especially the second quarter of the year that ended on July 31 — was enough for company leaders to raise their expectations for the full year. Get the Full Story...

Retail
BJ’s Wholesale Shows Growth In Digital, Membership Renewals
August 19, 2021

Comparable club sales at BJ’s Wholesale Club went up 4 percent in the second quarter of fiscal 2021, ending July 31, a continued upswing that saw the retailer grow its base over two years by 21 percent. Get the Full Story Complete the form to...

Retail
Lowe’s, Home Depot Court Big-Spending Pro Contractors As DIY Takes A Breather
August 19, 2021

Consumers may be returning to in-person shopping and social activities, but the desire to upgrade their living spaces has continued, as many offices plan to remain closed through the remainder of 2021. After months of do-it-yourself (DIY) projects, though, it seems that consumers may have...