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...
Walmart’s white-label delivery service is turning its focus toward small- to medium-sized grocery retailers. 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...
After three grueling months as a public company and an 80% decline in its stock price from its trading debut, eco-friendly footwear and apparel maker Allbirds is hoping third-party sellers will give its brand and bottom line a boost. Get the Full Story Complete the...
Sleep Number Corp.’s stock price continued to tumble in early trading Thursday (Feb. 24), dropping more than 3% after a 14% dip Wednesday (Feb. 23) that came after the mattress and bedding manufacturer missed its fourth-quarter earnings expectations because of the late arrival of semiconductor...
Bath & Body Works, Inc. CEO and board member Andrew Meslow will leave the company May 12 due to health issues, the company announced Wednesday (Feb. 23) as part of its quarterly update to investors and analysts. Get the Full Story Complete the form to...
Shares of Rent-A-Center fell nearly 40% after hours Wednesday (Feb. 23) after the Plano, Texas-based operator of 2,400 furniture, appliance and electronics rental stores reported lower than expected Q4 results and weak guidance. Get the Full Story Complete the form to unlock this article and...
The number of merchants offering three cross-channel-capable features increased between 2020 and 2021, according to The 2022 Global Digital Shopping Index, a PYMNTS and Cybersource collaboration based on a survey of 13,114 consumers and 3,100 merchants across six countries. Get the Full Story Complete the...
Today in retail, Target is testing curbside returns and Starbucks order delivery, while Overstock’s stock price surges after the company’s blockchain-based trading platform gets an investment from Intercontinental Exchange. Plus, one man’s furniture trash is another person’s furniture treasure, and big retailers believe an omnichannel...
