Retail

Retail
Renting Recreation Land In The Sharing Economy Age
March 11, 2019

Digital platforms are connecting landowners with outdoor enthusiasts who want to use their land in the age of Airbnb. PrivateAcre is “a way for a new generation to access the outdoors,” Erik Johnson, the company’s co-founder and president, told PYMNTS in an interview. With the...

Retail
Tesla Plans To Keep More Stores Open Than Expected
March 11, 2019

Amid plans to scale back its brick-and-mortar footprint, Tesla announced it intends to have more locations stay open than it had planned. At the same time, the company plans to increase the price of many of its vehicles by roughly 3 percent globally, The New...

Retail
Retailers’ Store Closures Reach 4,800 This Year
March 11, 2019

Retailers kept up the trend of shuttering stores last week, with Dollar Tree, Abercrombie & Fitch and Amazon making announcements on that front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Johnny’s Chop Shop Comes To Select Walmart Stores
March 11, 2019

Barbershop brand Johnny’s Chop Shop will be coming to 3,500 Walmart stores. 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 Today. By completing...

Retail
Retail Pulse: rue21 Taps Into BOPIS With Mastek; Kohl’s Teams With Planet Fitness
March 08, 2019

Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores. Get the...

Retail
Dollar Shave Club’s Next Act: Holistic Male Wellness
March 08, 2019

When the world first encountered the brand in 2011, Dollar Shave Club didn’t have much more than an innovative idea for selling razors and a viral video about the concept. Pitched at men, Dollar Shave Club offered a simple choice: pay $10-$20 for razors at...

Retail
Costco Wholesale Broadens Online Selection Amid eCommerce Growth
March 08, 2019

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings, but fell short on top-line revenues for the second quarter. The warehouse chain reported revenues of $35.4 billion and earnings of $2.01 per share compared to analysts’ estimates...

Retail
Barnes & Noble’s Comp Sales Rise 1.1 Pct Amid Strong Holiday Season
March 08, 2019

Amid a strong holiday season, Barnes & Noble, Inc. reported an increase of 1.1 percent in comp sales. The result showed “the Company’s best quarterly performance in several years,” the bookseller said in an announcement. Get the Full Story Complete the form to unlock this...

Retail
LaCroix Maker National Beverage Corp. Reports Drop In Sales
March 08, 2019

Marking its first fall in quarterly sales in half a decade, LaCroix sparkling water maker National Beverage Corp. reported revenue of $220.9 million for the quarter concluding on Jan. 26. By contrast, the Florida-based company reported $300 million in the quarter finishing in July, The Wall...