Lowe’s has debuted DIY-U by Lowe’s, a collection of on-demand, digital, instructor-led, home improvement skill-building project workshops, according to a Monday (Feb. 28) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Today in retail, Target is increasing its starting hourly pay to $24 in some markets, while eBay could soon accept cryptocurrency. Plus, Etsy picks up a $4 million tab for Ukrainian seller fees. Get the Full Story Complete the form to unlock this article and...
Calling it “the next step” in an ongoing effort to raise the wages of hourly employees, Target announced Monday (Feb. 28) that it would boost starting pay in certain tight labor markets to as much as $24 per hour. Get the Full Story Complete the form...
At a time when rising freight and handling costs are complicating already lean inventory levels and compressed delivery times, retailers have never been more interested, or incentivized, to reduce product returns — especially when they’re big and bulky items like furniture. Get the Full Story...
Today in retail, holiday demand drives Carter’s fourth-quarter sales, while Klarna partners with Brookfield Malls on buy now, pay later (BNPL). Plus, Instacart diversifies beyond groceries to retain customers, and Etsy’s big holiday shopping season boosts quarterly numbers. Get the Full Story Complete the form...
Etsy’s numbers were up across the board for the fourth quarter of fiscal 2021, with sales through the crafts-focused marketplace up 16.5% year over year to $4.2 billion, active sellers up 72% to 7.5 million and active buyers up 17.6% to 96.3 million, the company announced...
Swedish buy now, pay later (BNPL) giant Klarna and top-5 U.S. mall owner Brookfield Properties are teaming up to bring installment payment plans to thousands of retail tenants at over 150 shopping centers. Get the Full Story Complete the form to unlock this article and...
When it comes to retail industry news, Amazon and Walmart are typically tagged as titans, giants or leaders in the space. But this week, that all changed as the top two players suddenly found themselves in the unusual position of laggards and followers — at...
Today in retail, Planet Fitness reports a boom in members, and there is a mix of good and bad news for Bath & Body Works, while American Express and Resy are encouraging people to visit independent restaurants. Get the Full Story Complete the form to...
