Retail

Retail
VF’s Dickies Brand Boosts Conversions, Slashes Returns With Virtual Fitting
February 14, 2022

Less than a year into an artificial intelligence (AI)-driven virtual fitting program, VF Corp. is seeing a surge in customer buying and satisfaction as well as a reduction in returns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Today in Retail: Callaway Embraces Tech to Expand Its Reach for Golf Enthusiasts; Under Armour’s...
February 11, 2022

Today in retail, Callaway adds tech and entertainment capabilities to its golf equipment and apparel expertise while Under Armour shoppers return to stores. Plus, anticipation builds for Walmart’s upcoming Q4 earnings report and Central Retail announces a $3 billion spending plan that includes adding new...

Retail
Under Armour’s D2C Business Sees Shift From Web to Stores
February 11, 2022

Athletic footwear and apparel maker Under Armour said Friday (Feb 11) that its direct-to-consumer (D2C) revenues rose 10% in the fourth quarter, as consumers went back to shopping in-stores again compared to widespread closures a year ago. Get the Full Story Complete the form to...

Retail
Selfridges’ New Thai Owner Central Retail Announces Additional $3B Retail Spending Plan
February 11, 2022

Thailand department store operator Central Retail, the retail subsidiary of Central Group, announced it will spend $3 billion on store network expansion and refurbishment as well as implementing new technology in its three geographic markets, a report in The Business of Fashion said Friday (Feb....

Retail
Callaway Is Now ‘Tech-Enabled Golf, Lifestyle Apparel and Entertainment Company’
February 11, 2022

Callaway Golf Company President and CEO Chip Brewer called 2021 a “pivotal year” for his company, marked not only by the acquisition of Topgolf in the first quarter of the year, but also a complete transformation of how it does business and where it focuses,...

Retail
AMZN vs WMT Weekly: Waiting on Earnings, Betting on Health
February 11, 2022

By this time next week, Walmart’s critical Q4 results will be in the books and fresh strategic plans will presumably be underway as to how it intends to keep customers engaged and coming back to its stores and website, rather than spending their money at...

Retail
Today in Retail: L’Oréal Rides eCommerce Growth to Successful Year; Kohl’s Board Nearing Overhaul
February 10, 2022

Today in retail, eCommerce sales remain strong in the latest Mastercard SpendingPulse data, while O’Reilly Automotive sets another record for annual revenue. Plus, Mattel rebrands itself as an IP-driven toy company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Grocery Roundup: Grocers Use Direct Catering Ordering to Compete With Instacart; eGrocery Delivery May Come...
February 10, 2022

With online grocery channels proving to be sticky even in periods of lower contagion concerns, many grocers are now finding ways to bring more of their business into the digital sphere. One of the key areas of innovation here in the past several months has...

Retail
eCommerce Sales Outpace Robust 7.2% Retail Jump in New Year, Mastercard Data Show
February 10, 2022

The eCommerce train is showing now signs of slowing down, the latest Mastercard SpendingPulse data released Thursday (Feb. 10) showed.  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...