Tiffany & Co. said that preliminary results for August and September 2020 are positive, even as its “worldwide net sales for the two-month period declined slightly from the comparable period in 2019,” according to a news release. The company said that “positive sales trends are...
Walgreens Boots Alliance said its fourth-quarter profits dropped 45 percent to $373 million from $677 million a year earlier as the U.K. business, in particular, was hard hit by the coronavirus pandemic, according to a press release on Thursday (Oct. 15). Sales in the fourth quarter,...
Apple is hoping its new 5G iPhones will help it bridge a gap in sales in China, where it has been beaten out by rivals like Huawei, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and...
The big “day” is finally here — well, big two days to be technically accurate, as Amazon Prime Day, the eCommerce giant’s annual shopping holiday, is now a 48-hour event that began Tuesday (Oct. 13). And the two-day event is this year performing a very different...
The luxury goods space is ramping up its digital presence for holiday sales. Case in point: Movado. The upscale watch and jewelry company announced on Tuesday (Oct. 13) that it will partner with cross-border eCommerce company eShopWorld (ESW) to give Movado shoppers a localized, online...
Retailing used to be about three things: location, location and location. But not two days into the 2020 shopping season it’s becoming quickly apparent that this year will be about two things: inventory and fulfillment. This week retailers are showing signs that they’re concerned about...
There are a lot of things consumers haven’t been able to do during the pandemic – like go to concerts, sit in a movie theater or, for the most part, go to sporting events. But one thing they have been able to do is drink...
As a way to decrease large gatherings in its stores amid COVID-19, Walmart will have its usual single-day Black Friday promotions during three weekends next month instead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cross-border money transfer firm Western Union is continuing its 35-year partnership with Kroger, the country’s biggest grocery chain, WU said in a statement on Wednesday (Oct. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
