Retail

Retail
Today in Retail: Tempur Sealy Expects 15% YoY Growth; FTD Uses Data to Cultivate Customers
March 31, 2022

Today in retail, Tempur Sealy expects to report 15% year-over-year growth for fiscal 2022’s first quarter, while FTD uses data to grow lifelong customers of the ever-evolving brand. Plus, Faire serves as a cross-border, B2B marketplace across Europe and the increased demand for COVID-19 tests...

Retail
Walmart Uses Tech, Innovation and 90% of Population That Shops There to Ramp Global Ad...
March 31, 2022

Just two weeks after flagging a huge opportunity in advertising during its fourth-quarter earnings report, Walmart has rolled out a three-pronged strategy to link its massive customer base with an eager roster of brands looking for new ways and places to connect. Get the Full...

Retail
Tempur Sealy Expects 15% Q1 YoY Growth
March 31, 2022

Tempur Sealy International said it expects to report 2022 first-quarter consolidated net sales growth of about 15% year over year when it gives its quarterly update during its earnings call with investors and analysts next month, according to a Thursday (March 31) press release. Get...

Retail
Kohl’s Tries to Rally Investors Against Activist Takeover
March 31, 2022

Kohl’s is calling on its investors to reject a bid by activist investor Macellum Advisors to add new members to the department store chain’s board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
FTD Blooms as Fresh Data Insights Prompt Refocus on Lifetime Value Over Top-Line Growth
March 31, 2022

Over the course of its 100+ year history, you could say floral ordering service FTD has adapted to a bouquet of business, consumer and cultural changes that began with its original embrace of the telegraph and run all the way through to its initial public...

Retail
H&M Stock Continues to Tumble as Sales Growth Slows
March 31, 2022

H&M stock tumbled 12% Thursday (March 31) after the clothing retailer’s sales slowed down in March as Russia’s invasion of Ukraine had consumers rethinking whether they needed to update their wardrobes. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Walgreens’ Q2 Performance Buoyed by Rising Demand for COVID-19 Tests and Boosters
March 31, 2022

As the world waits for the answer on what Walgreens will do with its U.K.-based Boots unit, the company rode a spike in COVID-19 tests and booster shots to higher-than-expected earnings in the second quarter of fiscal 2022, according to a company press release Thursday...

Retail
Albertsons to Accept Supplemental Benefits for Produce, Wellness Items
March 30, 2022

Albertsons Companies announced Wednesday (March 30) that its customers can now use supplemental benefits to buy over-the-counter medicines and fresh produce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Price Edges Out Brand Loyalty as Consumers Feel Financial Pinch
March 30, 2022

Are we loyal to retailers or the brands they sell? It’s a simple question with complex answers. 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...