Retail

Retail
The Knot CFO Says Vendors Brace for Burst of Business as Weddings Hit 20-Year High
April 25, 2022

“This is going to be a season for the ages, for sure,” said Andy Ivanovich, chief financial officer at The Knot Worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Today in Retail: Kimberly-Clark Expects Higher Sales; Walmart to Strengthen Local Business Ties
April 22, 2022

Today in retail, Kimberly-Clark predicts higher sales this year despite raising prices, while Walmart continues to strengthen its ties with local businesses. Plus, Home Depot Chief Information Officer Matt Carey shifts into the role of executive vice president of customer experience, and artificial intelligence (AI)-powered...

Retail
AI-Powered Resale Baby Gear Marketplace Rebelstork Makes US Debut
April 22, 2022

Overstock, open box and used baby clothing company Rebelstork has expanded into the U.S., according to a Friday (April 22) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Walmart Focuses on Expanding ‘Strong Ties’ With Local Businesses
April 22, 2022

In a bid to monetize its assets and deep roots with the 5,000 U.S. communities where it has stores, Walmart CEO Doug McMillon said the company was doubling down in its strategy and aiming to leverage its local ties. Get the Full Story Complete the...

Retail
AMZN vs WMT Weekly: The Near-Term Favors Bargains, the Long-Term Likes Fulfillment
April 22, 2022

“France has lost a battle, but France has not lost the war,” Charles de Gaulle famously said in June of 1940, while encouraging his fellow countryman to continue their fight against the Nazi invasion. Get the Full Story Complete the form to unlock this article...

Retail
Home Depot Creates Customer-Tech Role to Continue Pandemic-Fed Momentum
April 22, 2022

Home Depot is upping its investment in digital programs like online shopping and curbside pickup apps that helped drive sales during the pandemic, while also moving its longtime chief information officer into a new customer-facing tech role. Get the Full Story Complete the form to...

Retail
Lululemon to Launch Loyalty Program Offering Workout Classes, Other Perks
April 21, 2022

Canadian apparel retailer Lululemon plans to seek growth in the next few years through the establishment of a membership plan, the company announced in a letter this week (April 20) about various initiatives. Get the Full Story Complete the form to unlock this article and...

Retail
Grocery Roundup: Amazon Expands Grocery Technology Rollout; Supermarkets Add Online SNAP Acceptance
April 21, 2022

Amazon is expanding its checkout technology beyond its home city. 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 completing this...

Retail
Today in Retail: Sleep Number Struggles to Meet Demand; Shopify Invests in Crossing Minds
April 21, 2022

Today in retail, Sleep Number struggles to meet demand as supply chain issues continue, while Shopify invests in recommendation platform Crossing Minds. Plus, Carvana continues its disappointing slide, Kroger develops in-house eCommerce fulfillment capabilities, and Tractor Supply continues to show success in eCommerce. Get the...