Consumer spending cooled slightly in January, although strong growth in digital retail channels suggests that the broader trajectory of household consumption remains intact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Retail used to compete primarily on assortment, price and convenience. Increasingly, it competes on infrastructure and positioning. 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...
Costco is seeing measurable benefits from its latest digital initiatives both in-store and online, Costco President, CEO and Director Ron Vachris said Thursday (March 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Off-price retailer Ross Stores saw “robust” comparable store sales growth in the fourth quarter, crediting the expansion in part to its success in drawing shoppers away from mainstream retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Retailers are facing a new and more sophisticated form of return fraud, one in which artificial intelligence is being used against them. Shoppers are submitting AI-generated images of damaged or incorrect products to claim refunds on merchandise they received in good condition, and the practice...
Walgreens has debuted what it calls the country’s first “hybrid pharmacy” program. 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...
Target is reportedly facing criticism from a group of investors unhappy with its management’s decisions. 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,...
The TJX Companies plans to add 146 net new stores during its fiscal year 2027, which ends Jan. 31, 2027, increasing its store count by about 3%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...