In today’s top retail news: Consumers’ concerns about inflation and supply shortages are causing some to start their holiday shopping before the kids are back at school, while strong demand and low supply in the second quarter helped Foot Locker sell shoes and apparel without...
Today in restaurant and grocery tech news, coffee shops get automated in Singaporean train stations, while Delivery Hero seizes on demand for sustainable packaging. Plus, Red Robin takes a hit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.K. retail sales, buoyed by high grocery store spending during the European Championship matches in June, dropped unexpectedly in July, The Guardian reported Friday (Aug 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As this summer has progressed and socialization norms have returned, so too have the perennial collections of wedding photos across social media — and with that, the resumption of scrolling through registries to determine what gift to bestow upon the bride and groom. Get the...
In a battle that has thus far been primarily fought across a digital landscape, Amazon this week appeared to be taking its rivalry with Walmart to the physical realm, with news that it plans to open department store-style physical locations in the coming years. Get...
Before the pandemic, if you can remember that long ago, there was a back-to-school shopping season and a holiday shopping season, and never the twain shall meet. With so much time between August and November (relatively speaking), Nikki Baird, vice president of retail innovation at...
Executives at Ross Stores, the parent of Ross Dress for Less and dd’s DISCOUNTS apparel and home goods stores, are concerned that a global supply chain crunch driven by the COVID-19 Delta variant could deliver a hit to upcoming earnings, even as the company reported...
Foot Locker Inc. benefitted during the fiscal quarter that ended July 31 from strong demand and relatively low supplies of products — factors that combined let the supplier of athletic shoes and apparel maintain sales without having to discount heavily, a top executive with the...
In today’s top retail news, Amazon is reportedly planning to open department store-style retail locations in the coming years, while Lowe’s, Home Depot and other home improvement stores see an increase in professional traffic as consumers dig into bigger home projects. Also, new luxury brands...
