Retail

Retail
Five Below’s Future Looks Strong With New Store Openings
December 15, 2021

Five Below’s move to open more than 750 new stores since fiscal 2016 bodes well for the future of the kids and teen-focused retailer, and tells a story deeper than its third-quarter results, which included $608 million in sales for the three months ending Oct....

Retail
Chanel Hires Leena Nair as Youngest, First Female CEO
December 15, 2021

Chanel has appointed Leena Nair as global chief executive officer, grabbing the company’s youngest and first female CEO after her 30-year tenure at consumer goods group Unilever. She’ll take the helm at the end of January 2022, the Financial Times reported. Get the Full Story...

Retail
D2C Brands Buy Local, Build Local to Ease Supply Chain Woes
December 15, 2021

If you’re young and hip and environmentally aware, chances are you’ve already been introduced to the digitally native furniture startup Floyd, a 7-year-old privately held venture that’s headquartered in Detroit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Peloton Presses on With New Product Development
December 14, 2021

Peloton clarified Tuesday (Dec. 14) that it won’t be curbing the development of new products like a report published by DigiTimes claimed, per a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Grocery Ordering, Curbside and Delivery Seeking Their Own Levels With Digital Shoppers
December 14, 2021

In the grocery sector, with the digital shift comes the shopper’s slide, where we find consumers sliding between behaviors over time, based on changing inner ideas of preference and value. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Travel Retailer Hudson Offers Amazon’s Just Walk Out Tech
December 14, 2021

Travel retailer Hudson has become the first company in its industry to offer Amazon’s palm recognition service, Amazon One. 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...

Retail
Albertsons Debuts Meal Planning Solutions and Auto-Replenishment Features 
December 14, 2021

Grocery giant Albertsons Companies, Inc. on Tuesday (Dec. 14) launched Meal Planning and Schedule & Save digital options to give loyalty members access to integrated menu planning, shopping list creation and the option to auto-replenish essential items on their lists.  Get the Full Story Complete...

Retail
Talkable, Tapcart Offer In-App Referral Program to Online Retailers
December 14, 2021

Tapcart, a mobile app provider for more than 20,000 Shopify brands, has debuted an integration with referral and loyalty solution provider Talkable to enable eCommerce companies to offer referral programs within their mobile apps, according to a Tuesday (Dec. 14) press release. Get the Full...

Retail
Apple’s Move Into AR/VR Impresses BofA
December 14, 2021

Apple on Tuesday (Dec. 14) got an upgrade price target boost at Bank of America up from $160 to $210 after the tech giant announced its shift into augmented and virtual reality with a new headset expected to be released by the end of 2022...