Retail

Retail
UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
February 28, 2023

As United Kingdom food prices skyrocket, grocers are doing everything they can to retain customers. 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,...

Retail
Grocers Try Shopify to Break Reliance on Instacart
February 28, 2023

As independent grocers build toward their long-term eCommerce futures, many are seeking alternatives to Instacart. 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,...

Retail
Target Q4 Sees In-Store Frequency and Traffic Offset Slip in Digital Sales
February 28, 2023

The Minnesota-based Target said its investments in delivery and order fulfillment were paying off and planned to continue investing in non-discretionary items and traffic-driving owned brands until the economic outlook improves. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Victoria’s Secret Pilots New Loyalty Rewards Program and Sunsets PINK Nation
February 27, 2023

Lingerie sector mainstay Victoria’s Secret is starting 2023 aggressively, first completing its acquisition of digital-first brand Adore Me in January and now announcing a pilot for its new loyalty rewards program for Victoria’s Secret and PINK customers. Get the Full Story Complete the form to unlock this article...

Retail
Farfetch Aims to be at Center of Luxury Brands’ Shift to Digital
February 27, 2023

Luxury retail marketplace Farfetch is facing the same inventory and macroeconomic headwinds as other players in the sector but is pushing forward with plans to do more deals and further its mission to be the one-stop shop for high-end shoppers everywhere. Get the Full Story...

Retail
Overstock CEO: We’re Winning Share From Wayfair and Bed Bath & Beyond
February 27, 2023

“2022 is a year I’m glad to have in the rear-view mirror. It’s not one we’ll forget, nor do we want to repeat it,” Overstock CEO Jonathan Johnson told PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Freshpet Posts Best Topline Growth Since 2014 IPO 
February 27, 2023

Pet food maker Freshpet recorded its best growth in eight years during the close of 2022. 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
Why the Amazon-Walmart Retail Battle Won’t Be Fought in the Grocery Aisle
February 27, 2023

Groceries, and how and where consumers buy them, is almost as topical as generative AI these days. Food inflation remains stubbornly high, and nearly all U.S. households have adjusted the number and types of items that now end up in their grocery baskets. The latest...

Retail
American Car Center Shutters as Auto Loan Delinquencies Rise
February 26, 2023

Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. 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,...