If there were any doubts that the omnichannel consumer is here to stay, Walmart’s latest results, out this morning (Nov. 16), might dispel them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Price and item availability are among consumers’ biggest concerns this holiday, with inflation surging past 6% and supply chain bottlenecks leaving some shelves bare. To compensate, an increasing number of people are considering gifting used items, particularly those that have been refurbished by manufacturers. Get...
Walmart said its omnichannel approach and investments in technology in recent years have set the retailer up to meet shoppers’ needs this holiday season, with approximately 50,000 new supply chain employees added in the third quarter to keep things moving in the coming weeks. Get...
Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion, with comparable sales also increased by 3.1% and up 13.3% since the same time in 2019. Get the Full Story...
Home improvement retail giant The Home Depot on Tuesday (Nov. 16) said its sales for the third quarter of fiscal 2021, which ended Oct. 31, were $36.8 billion, up $3.3 billion — or 9.8% — from the same time a year ago as consumers continue...
U.S. retail and food services sales escalated last month to $638.2 billion, up 1.7% over the previous month and beating economists’ forecasts, according to a Tuesday (Nov. 16) report from the Census Bureau. Get the Full Story Complete the form to unlock this article and...
Almost anyone who has shopped online knows the experience of picking an item and putting it in the cart only to balk at the shipping price and walk away, often to find a place where getting the product to the front door won’t cost as...
In today’s top retail news, consumers are expected to spend heartily in the run-up to and days after Thanksgiving, while direct-to-consumer mattress company Casper Sleep is set to go private less than two years after its IPO. Also, Rue Gilt Groupe said in a filing...
The B2B fashion marketplace FashionGo will launch an automated payments service next year designed to help retailers expedite order and fulfillment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
