Sports apparel retailer Lids said Friday (Dec. 3) it will open four stores in London later this month, with more than 20 brick-and-mortar stores across the U.K. by the end of 2022, according to a news release. Get the Full Story Complete the form to...
Grocery stores may not look very different than they did two or three generations ago, but their role in consumers’ lives is changing dramatically. Where once the physical store encompassed the brand’s relationship with the consumer, it is now only one channel — part of...
In today’s top retail news, U.S. consumers plan to do half of their remaining holiday shopping online, while Dollar General executives say they don’t plan to raise core product prices in contrast to rival Dollar Tree. Also, Apple is warning suppliers that demand for the...
The on-demand grocery delivery market in New York City continues to grow more competitive. Boxed, the New York City-based online wholesale retailer, announced Monday (Nov. 29) its acquisition of MaxDelivery, another New York-based grocery eTailer that provides one hour grocery deliveries. The deal is expected...
The appetite for retail subscriptions is undiminished after nearly two consecutive years of meteoric growth, as consumers grow more comfortable with subscriptions overall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The rise in food costs, while bad news for consumers, has its advantages for grocers. With price concerns causing many to be more deliberate about how they spend their money, grocers can leverage their low prices relative to restaurants to hold onto their increased share...
Not content to watch the lucrative home décor and improvement wave pass it by, budget retailer Dollar General plans a significant expansion of its upmarket Popshelf store concept, pushing into younger and wealthier suburban markets seeking higher basket values. Get the Full Story Complete the...
Apple has alerted its component suppliers that it’s seeing slower demand for its suite of iPhone 13 phones, according to a Bloomberg report, in part because shoppers are planning to wait to update their smartphones when the company releases the next version of its flagship...
Thai department store operator Central Group is moving closer to acquiring U.K. retailer Selfridges from Canada’s billionaire Weston family, three people familiar with the situation have told the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
