Retail

Retail
Brands Expect Hit to Bottom Lines as They Respond to Ukraine Invasion
March 03, 2022

Just as the omicron variant of the coronavirus was starting to ease — and supply chain woes with it — Russia invaded Ukraine, triggering new fears of a different kind of retail disruption extending into 2022. Get the Full Story Complete the form to unlock...

Retail
Grocery Roundup: Target Leverages F&B to Drive Loyalty; Grocers Invest in First-Party Fulfillment
March 03, 2022

Target is leveraging its eCommerce strength in grocery to drive the business’s overall growth. On a call with analysts Tuesday (March 1) discussing the retailer’s fourth-quarter and full-year 2021 earnings, Target executives highlighted the central role that this category has come to occupy. Get the...

Retail
Auto Parts Stores Add Digital Tools as More Cars Return to the Road
March 03, 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Retail
Today in Retail: Big Lots Has Big Plans for eCommerce, Brick-and-Mortar Growth; Inside the Victoria’s...
March 03, 2022

Today in retail, Best Buy talks about the transformational power of technology, while Burlington Stores hopes to see foot traffic increase in 2022 after a Q4 slump has investors and analysts skittish. Plus, discount retailer Big Lots looks to increase its eCommerce sales. Get the...

Retail
Best Buy Faces Higher Costs, Says Tech Has ‘Changed Every Aspect of Our Lives’
March 03, 2022

Inflation may rise and fall, supply chains will ebb and flow, and the pandemic will (hopefully) continue to fade, but Best Buy CEO Corie Barry told investors Thursday (March 3) that the structural changes that have happened over the past two years in terms of...

Retail
Big Lots Promises Quick Rebound After Lackluster Q4
March 03, 2022

Although discount retailer Big Lots saw a slight drop in its quarterly net sales in the last three months of fiscal 2021 compared to 2020 and less than 8% growth from the same period two years ago, CEO Bruce Thorn told investors and analysts the...

Retail
After 7-Month ‘Brand Transformation,’ Victoria’s Secret 2.0 Is Almost Unrecognizable
March 03, 2022

The slender supermodel calendar girls are gone. The imposing, fortress-like mall stores are steadily vanishing. And the racy collection of skimpy satin and lace lingerie has undergone an extreme makeover to suit the needs of a larger and more casual mainstream. Get the Full Story...

Retail
Today in Retail: Dollar Tree Breaking the Buck Even Further; Walmart Debuts Virtual Try-On Tool
March 02, 2022

Today in retail, Abercrombie & Fitch go increasingly digital, while Nordstrom’s digital and Rack unit gave it a successful Q4 earnings report. Plus, Urban Outfitters increased its reliance on eCommerce to boost sales. Get the Full Story Complete the form to unlock this article and...

Retail
Dollar Tree or Three? Discount Retailer Tinkers With $3 and $5 Price Points 
March 02, 2022

Three months after the parent company of the Dollar Tree and Family Dollar chain of discount stores announced it was “breaking the buck” and lifting its long-standing $1 price format to $1.25, the Virginia-based retailer is at it again. Get the Full Story Complete the...