Retail

Retail
Walmart Courts Affluence as Wealthier Shoppers Trade Down
March 21, 2024

Walmart is reportedly making a renewed effort to entice wealthier shoppers. 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 this...

Retail
Retailers’ Self-Checkout Enthusiasm Dwindles Amid Elevated Theft
March 21, 2024

As retailers look for new ways to save on labor, the disadvantages of going all in on self-checkout are coming to light, with Five Below the latest to pull back on the technology. Get the Full Story Complete the form to unlock this article and...

Retail
97 Million Cardholders Used Card-Linked Offers in Year-End Shopping Spree
March 21, 2024

Because many consumers may still be smarting from last month’s 3.2% bump in inflation, they appear to be reluctant to shop for retail items. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024
March 20, 2024

The National Retail Federation (NRF) expects retail sales to grow between 2.5% and 3.5% in 2024. 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
Signet Jewelers Says Inflation, Job Uncertainty Slows Wedding Ring Sales
March 20, 2024

An expected post-pandemic resurgence in engagements may be delayed by today’s economic conditions. 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....

Retail
Hermès Faces Antitrust Suit Around Birkin Handbag Sales Practices
March 20, 2024

French luxury house Hermès faces an antitrust lawsuit in California around its Birkin handbags. 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
Consumers Demand More Guidance From Jewelers Amid Budgetary Pressures
March 20, 2024

As financial pressures prompt consumers to make difficult decisions about what they can afford when it comes to luxuries such as diamonds, Signet Jewelers is seeing increased demand for assistance and consultation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity or hedge-fund ownership. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Receipt Data May Be Key to More Efficient Customer Experiences
March 19, 2024

Businesses looking to keep consumers coming back by offering the most efficient customer experience may want to look to receipt data, at least if financial institutions and FinTechs have anything to say about it. Get the Full Story Complete the form to unlock this article...