Retail

Retail
Adidas Posts Losses Of $400M In Q2, But Expects Q3 Rebound
August 06, 2020

Adidas AG, the global sneaker maker, revealed losses of nearly $400 million in the second quarter (Q2) amid store closures to prevent the spread of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
How Roku Connects To The Disconnected Home
August 06, 2020

As vice president of product at Roku, Mark Ely works with connections. He’s the executive in charge of making sure that the Amazons and Best Buys of the world are fully stocked with the company’s streaming devices, home audio equipment and accessories. But part of...

Retail
Walmart Parking Lots Become Free Drive-In Movie Theaters
August 05, 2020

Walmart unveiled the details for its Walmart Drive-in today (Aug. 5), an outdoor movie theater experience that will entertain Walmart customers with a wide variety of films, from nostalgic favorites like “The Goonies” and “Back to the Future” to recent hits like “Black Panther.” Get...

Retail
Disney+ Paid Subscribers Goal Met Four Years Earlier Than Planned
August 05, 2020

By most measures, 2020 has been less than magical for The Walt Disney Company. 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...

Retail
DoorDash Launches Digital Convenience Stores
August 05, 2020

DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share in the fast-growing delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Liquor Sales Up, But Glass Is Still Half Empty
August 05, 2020

Diageo — the world’s largest spirits maker and the firm behind Johnny Walker, Tanqueray Gin and Smirnoff Vodka — has taken a 1.3 billion pound ($1.7 billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages...

Retail
CVS Reports Strong Quarterly Earnings Amid COVID-19 Efforts
August 05, 2020

CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total revenues increased by 3 percent, to $65.3 billion, compared to the same quarter in 2019. Get the Full Story Complete...

Retail
Alexa, What’s The Future Of Voice Commerce?
August 05, 2020

The present tense for voice commerce shows an eager and accelerated installed base with 90 million devices in the U.S. But as with everything digital these days, the future is a lot closer than it used to be. And the future for voice commerce will...

Retail
Digital Shift Puts Its Feet Up On Furniture Business
August 05, 2020

The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...