L’Oréal singled out its eCommerce growth of 25.7% as one of the driving forces behind its successful 2021, which was marked by an overall 16.1% increase in sales, twice the industry standard, according to the company, to 32.28 billion euros ($36.82 billion). Get the Full...
It might all be fun and games for the kids, but the modern toy industry is no joke. 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...
Activist investor group Macellum Advisors GP LLC on Thursday (Feb. 10) named the 10 board members it will nominate at Kohl’s upcoming investor day March 7, led by Rutgers Law School educator and diversity consultant Stacy Hawkins and former Macy’s executive Jeffrey Kantor. Get the...
Auto parts retailer O’Reilly Automotive has built an increasing level of loyalty among its existing customers and is attracting new ones in new ways, as its comparable store sales—which include online sales — were up for the fourth quarter of 2021 and for the full...
Shipping and delivery platform Via.Delivery on Tuesday (Feb. 8) launched an eCommerce fulfillment offering called Buy Online, Pickup Anywhere (BOPA) that allows shoppers to get their orders at more than 66,000 locations across the U.S. and around the world, according to a company announcement. Get...
Today in retail, Macy’s is combatting organized retail crime with RFID while SkyPad and Saks Off 5th team up on performance analytics. Plus, Tractor Supply is looking to double its digital sales growth this year and CVS will use digital connectivity to keep new customers...
Product performance analytics company SkyPad on Wednesday (Feb. 9) announced it has partnered with Saks Off 5th to “significantly transform the way sales and inventory data is shared between Saks Off 5th and its vendor partners,” according to the joint announcement. Get the Full Story...
After a year of unprecedented COVID-19-related gains, the nation’s largest pharmacy chain is looking to leverage the new customer connections it made during the pandemic and prepare for a time without the benefit of vaccine and testing foot traffic and revenue. Get the Full Story...
Macy’s has cranked up its use of radio-frequency identification (RFID) technology to protect its assets as reports of high-profile retail thefts are increasing across the U.S., according to a report in The Wall Street Journal Tuesday (Feb. 8). Get the Full Story Complete the form...
