Retail

Retail
Instacart Plans to Boost in-Store Presence With Smart Carts
March 25, 2022

It has been a big week for leading grocery aggregator Instacart. The company announced Wednesday (March 23) its new “Instacart Platform” suite of solutions, which includes offerings such as 15-minute grocery delivery and new marketing solutions, and then Friday (March 25), it was reported that...

Retail
Bed Bath & Beyond Adds Three New Board Members in Deal with RC Ventures
March 25, 2022

Bed Bath & Beyond Inc. and activist investor Ryan Cohen appear to have put their differences aside. 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...

Retail
Honesty Isn’t Enough: Weak Sales Forecast Sends Investors Fleeing From Honest Co
March 25, 2022

The steady 10-month slump of Jessica Alba’s Honest Company continued Friday (March 25), after the Los Angeles-based seller of diapers and personal care products said first-quarter sales would be down 15% and full-year revenue flat. Get the Full Story Complete the form to unlock this...

Retail
Mister Car Wash Finding Loyalty Among Increasing Customer Base
March 25, 2022

Customers who have tried Mister Car Wash really seem to like it, based on the 34.3% year-over-year increase in Unlimited Wash Club (UWC) memberships through the end of 2021 to 1.656 million members. Get the Full Story Complete the form to unlock this article and...

Retail
Purple Innovation Stock Falls 5% as Company Preps to Sell 14M Shares
March 25, 2022

Shares for direct-to-consumer (D2C) mattress brand Purple Innovation were down about 5% in early trading Friday (March 25) after the company announced it will sell 14 million shares of its Class A common stock to the public through Tuesday (March 29). Get the Full Story...

Retail
AMZN vs WMT Weekly: Healthy Pursuits, a Product Reboot and a Pair of Lawsuits
March 25, 2022

The contest between Walmart and Amazon for supremacy in the vast health and personal care category is narrowing and heating up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Mavi.io Debuts In-Car Ordering App for Retail
March 24, 2022

Mavi.io has made a new in-car commerce app to let shoppers order goods from their car dashboard, the company announced in a press release Thursday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Today in Retail: Traeger Stock Sinks After Lower Sales Predictions; Ollie’s Expects to Benefit from...
March 24, 2022

Today in retail, Oxford Industries’ CEO said consumers are willing to pay full price when they find a brand that makes them happy, while Instacart is creating micro-fulfillment warehouses for instant deliveries. Plus, Movado Group announced a 15.5% net sales growth in its fiscal 2022...

Retail
Consumers Pay Full Price for Brands That Make Them Happy, Tommy Bahama Parent Says
March 24, 2022

At a time when news about inflation and cost-consciousness seems inescapable, it is notable to hear a retailer speak of consumers’ willingness to pay full price for things that make them happy. Get the Full Story Complete the form to unlock this article and enjoy...