Retail

Retail
Amazon Launches eCargo Bike Delivery in Strict, Congested Central London
July 05, 2022

At a time of record fuel prices and rising restrictions on commercial deliveries into congested urban areas, Amazon U.K. is adding a fleet of pedal-assisted e-cargo bikes as part of plan to make 5 million deliveries annually into central London. Get the Full Story Complete...

Retail
Lululemon Taps Adidas Backyard, Will Open 2 Stores, Local Website in Spain
July 05, 2022

In its first move toward fulfilling its newly launched five-year growth plan and global expansion strategy, Lululemon said it will add a local market website and two physical retail stores in Spain, calling it the first such moves in Europe since 2019. Get the Full...

Retail
Liquidators Step Up as Retailers Confront Oversupply of Goods
July 04, 2022

Big retailers like Target and Walmart have been seeing large amounts of excess inventory — which could be a good thing for companies helping to do away with the oversupply, The Wall Street Journal reported Monday (July 4). Get the Full Story Complete the form...

Retail
US and Britain: Two Separate Nations Now Joined by Common Digital Shopping Habits
July 04, 2022

As Americans celebrate 246 years of independence from British rule, cultural, political, and commercial ties between the two nations remain strong. One thing that continues to unite the transatlantic friends is a shared love of shopping, as the PYMNTS 2022 Global Digital Shopping Index reveals....

Retail
Bed Bath & Beyond Bleeds Cash, Seeks Buybuy Baby Buyer
July 01, 2022

Two days after replacing its CEO amid plummeting sales, Bed Bath & Beyond is seeking a buyer for its Buybuy Baby business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
Amazon vs Walmart Weekly: Was Q2 the Bottom or the Beginning?
July 01, 2022

The past three months of runaway inflation, rising interest rates, worries about the war in Europe and the gloomy bear market at home may not have been branded with a fitting nickname yet but they surely will never be forgotten — especially by the nation’s...

Retail
Enjoy’s Joyless Ride to Bankruptcy Scorches Cash, SPACs and Reputations
July 01, 2022

In just 10 short months, former Apple executive and “Genius Bar” creator Ron Johnson rode his mobile store startup Enjoy Technology from the cash-drenched hills of Palo Alto to ringing the opening bell at the Nasdaq in Times Square, to the U.S. Bankruptcy Court in...

Retail
Retail Downturn Leads Kohl’s to End Sales Talks
July 01, 2022

Kohl’s announced Friday (July 1) that it was ending negotiations to put itself up for sale, citing a financing and retail environment that had “significantly deteriorated.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Grocery Roundup: Retailers Tap Contextual Commerce; Kroger Expands Private Label
June 30, 2022

As food-at-home prices skyrocket and retailers absorb some of these rising prices in an effort to avoid losing shopper loyalty, many are seeking other ways to boost their profit margins. Some, for instance, are expanding their marketing opportunities for brands, offering higher-value in-store and online...