Today in retail, Ulta Beauty benefits from shoppers’ desire to emerge from COVID-19 pandemic lockdowns, while Costco keeps its low-price differentiator in place as inflation continues to rise. Plus, Big Lots points to inflation as the cause of its lackluster sales. Get the Full Story...
As grocery delivery services struggle to make the model profitable, Instacart is supplementing its revenue with expansions to its advertising business Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
With shares of Amazon and Walmart both slumping over 20% in the past 30 days in the wake of their respective earnings reports, the so-called “merry, merry month of May” has been no walk in the park for the top two retail titans, as well...
American Eagle Outfitters isn’t celebrating the success of its first-quarter earnings for long. Instead, the company is looking ahead to the second quarter of the fiscal year — the three months ending July 31 — and bracing for the impact of expected inventory backlogs, higher...
Ulta Beauty is seeing the benefits of people emerging from lockdown life, with increases across the board in the first quarter of fiscal 2022, according to a company press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Discount retailer Big Lots released its quarterly earnings Friday (May 27), showing a rise in eCommerce use but a decrease in sales as consumers wrestled with inflation and fuel prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The ongoing supply chain hangups, increased inflation and remnants of the COVID-19 pandemic conspired to lead apparel retailer Gap Inc. — parent company of Old Navy, Banana Republic and Athleta — to fall short of its first-quarter earnings targets for the three months ending April...
Since its founding in 1976, it’s always been about the prices at Costco. 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....
Spending at department stores and discount chains has seen an upward trend from American shoppers, in spite of economic conditions, The Wall Street Journal wrote Thursday (May 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
