Retail

Retail
Crocs’ Old Demand Problem Has Become Its New Supply Problem
July 22, 2021

Crocs saw its revenue nearly double year over year to $640.8 million in the second quarter, beating both internal and Wall Street expectations as direct-to-consumer (D2C) and digital sales accelerate amid the reopening of retail locations and increased demand. Get the Full Story Complete the...

Retail
Gap Streamlines 4 Rewards Programs Into 1 Amid Flood Of Loyalty Initiatives
July 22, 2021

Gap is integrating its credit card and loyalty programs across all four of its brands in an attempt to simplify the consumer experience, as retailers prepare to unveil a glut of new rewards programs ahead of the holiday shopping season. Get the Full Story Complete...

Retail
stor.ai Teams With Toshiba Global To Advance Online Grocery Shopping
July 21, 2021

End-to-end digital grocery solution stor.ai is expanding its partnership with retail store technology firm Toshiba Global Commerce Solutions to offer an integrated tool to help eCommerce businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Today In Retail: Bed Bath & Beyond Set To Reopen Revamped Flagship; Google Adds Features...
July 21, 2021

In today’s top retail news, Bed Bath & Beyond is reopening its flagship brick-and-mortar retail location in New York City after months of renovations, while Google is tweaking its Shopping tab to make finding discounts easier. Also, Sleep Number is tossing and turning over supply...

Retail
Today In Food: Gopuff Gets Into Prepared Meals; Chipotle Eyes Omnichannel Future
July 21, 2021

Today in restaurant and grocery news: Chipotle saw its digital sales growth slow in its most recent quarter, while Coca-Cola cautioned against “back-to-normal” thinking. Plus, Gopuff announced its new “Gopuff Kitchen” initiative. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Airbnb, Wine Ambassador’s Bundled Bottle Promo Aimed At Guests And Hosts
July 21, 2021

Airbnb hosts have been offered a new mechanism to make their listings more attractive and lucrative with the help of a little wine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Sleep Number Supply Constraints Mar Second-Quarter Sales
July 21, 2021

Supply chain issues are still keeping Sleep Number up at night, with the company reporting second-quarter profit and sales below Wall Street’s expectations as component shortages and issues with suppliers slowed deliveries. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Johnson & Johnson Q2 Growth Driven By Consumer Products, Medical Devices
July 21, 2021

Johnson & Johnson posted strong second-quarter results on Tuesday (July 21), beating Wall Street estimates as sales of beauty and skincare products begin to recover from COVID-19 and patients resume previously deferred medical procedures. Get the Full Story Complete the form to unlock this article...

Retail
Target, Ulta To Make ‘Prestige Beauty’ More Accessible With Shop-In-Shops
July 21, 2021

In a move that increases the accessibility of “prestige beauty,” Ulta Beauty at Target “shop-in-shops” are set to launch in more than 100 Target stores throughout the country and online in August. Get the Full Story Complete the form to unlock this article and enjoy...