Despite 60 percent of U.S. movie theaters still being shuttered due to the coronavirus, Warner Bros.’ latest iteration of superhero flick “Wonder Woman 1984” (WW84) defied skeptics and pandemic-era precedent and booked the best opening weekend numbers the industry has seen in almost a year. Get...
In today’s top retail news, FedEx Corp. concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Plus, PYMNTS looks back on direct-to-consumer (D2C) brands, which...
It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. After all, consumers were pushed onto digital platforms early in the season and then pushed again as the pandemic surged...
Direct-to-consumer (D2C) brands came in two flavors during 2020. The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. The second flavor were the brands...
Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A...
Sales of PCs, defined as computers with keyboards, stormed back in 2020, Reuters reported. 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...
Holiday sales rose this year compared to last but failed to meet many analysts’ expectations and were especially disappointing for brick-and-mortar operators, according to a variety of data sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The big show is over for another year. For the tens of millions of Americans who celebrated Christmas this year the party is over — the roast beast has been carved, the stockings unstuffed, the gifts have been unwrapped (such as they arrived on time...
When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak for themselves. PYMNTS research on consumer shopping habits showed that 24 percent of all consumers...
