Retail

Retail
Rent-A-Center Completes Purchase Of Acima Holdings
February 18, 2021

Rent-A-Center, Inc. has closed on its purchase of Acima Holdings, which had been announced in the past, according to a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
January Retail Data: Sustainable Rebound Or Artificial Stimulant?
February 17, 2021

The latest volley of retail spending data shows that the worst is behind us regarding the pandemic’s drag on consumers. Maybe. Or it could be that the stimulus payment stimulus may soon fade. To that end, retail sales were up 5.3 percent in January, over...

Retail
QSRs Serve Up Technology To Reach Most Loyal Customers
February 17, 2021

As most restaurant owners know, not all orders are created equal. A $30 order could be just that — a small, one-time profit — or it could be a jumping-off point for years of loyalty to come. In this month’s edition of PYMNTS’ Delivering on...

Retail
Today In Retail: Shopify Beats Estimates With Q4 Results; Retail Sales Jump On Stimulus
February 17, 2021

In today’s top retail news, eCommerce company Shopify came out ahead of expectations with its fourth-quarter results, while retail sales climbed in January by 5.3 percent following three consecutive months of falling sales in the 2020 holiday shopping season. Plus, Camping World Holdings, Inc. has...

Retail
Retail Sales Surge On Stimulus
February 17, 2021

Retail sales rose in January by 5.3 percent on the wings of long-delayed action on the part of Congress, which OK’d a $900 billion COVID-19 stimulus package. As part of that, COVID stimulus checks went out to millions of Americans. Get the Full Story Complete...

Retail
Shopify Smashes Estimates With Q4 Results, But Warns Growth Will Decelerate Post-COVID 
February 17, 2021

The eCommerce platform Shopify posted better-than-expected fourth-quarter results on Wednesday (Feb. 17), but warned that the rate of growth triggered by the pandemic was not sustainable. Officially, the Ottawa-based eCommerce giant reported a four-fold increase in adjusted net income for the three months ending Dec. 31,...

Retail
Walmart Needs More Than Record Q4 Results To Wow Customers And Investors 
February 17, 2021

When the world’s largest retailer reports its Q4 results on Thursday morning (Feb. 18), analysts are expecting Walmart to deliver record holiday sales that outpaced Amazon’s by $2 billion a week. But even that won’t be enough, as investors also seek updates on digital and...

Retail
Loyalty Brings Restaurant Customers To The Table More Often
February 17, 2021

Who’s ordering most of the mobile meals we’ve come to love in the age of COVID? 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...

Retail
Camping World Holdings Buys Locations In New York, Pennsylvania
February 17, 2021

Camping World Holdings, Inc. has purchased two locations in the Northeast amid continued expansion of its physical presence. Stores in Albany, N.Y. and Hamburg, Pa. were created via the purchase of Boat-N-RV Superstore, according to a Wednesday (Feb. 17) announcement. Get the Full Story Complete the...