Dollar Tree plans to accelerate store growth and renovations this year as it aims to bolster sales and profits. In department store retail, Nordstrom reported that a sizable share of its online orders was fulfilled by stores last quarter. And in banking, the pressure is increasing for credit unions (CUs) to...
Target said that years of investments into its omnichannel capabilities fueled record sales and earnings for its most recent quarter and the full year. In department store retail, digital sales tempered a broader revenue decline at Kohl’s. And in payment methods, the financial ecosystem that was in place when 2020...
Sweden’s Klarna has banked new funding as competition increases in the buy now, pay later (BNPL) sector. In travel, Hudson has unveiled its first Hudson Nonstop store harnessing Amazon’s “Just Walk Out” technology at Dallas Love Field Airport. And in international commerce, the pandemic-fueled digital shift that is reshaping retail in advanced economies around the world has...
Carvana set a number of records for its last quarter and full year, but the used car seller posted a bigger-than-expected loss from quick growth as it struggles to keep up with demand. In retail, Walmart is looking to win customers by wooing businesses as Amazon Prime’s lead shrinks. And in...
The business outlooks provided by Best Buy and Wayfair suggest the fading of the COVID nesting trend. In off-price retail, TJX Corporation awaits the return of the revenge shopper at a time when some of its locations in Canada and Europe remain closed due to pandemic restrictions. And in payment methods, consumers are turning to buy...
Streaming commerce upstart TalkShop.Live is gaining converts and conversations, as well as a recent infusion of seed capital. In retail earnings, Lowe’s reported a rise in total sales for its most recent quarter, while in digital payments, a number of customers have bought or sold bitcoin on Square’s Cash App. And in banking,...
Finesse is harnessing data analysis, 3D imaging and artificial intelligence (AI) to take on the traditional fashion industry. In mergers, the announced combination of Goodyear and Cooper Tire is set to raise the bar in the profitable aftermarket retail services vertical, while in department stores, Macy’s reported financial results were led by a rise...
Kohl’s has caught the eye of real estate investors looking to ride the chain to new heights, starting with a boardroom coup. In retail subscriptions, new data shows that Amazon Prime continues to outpace Walmart+, although the latter service has made some headway against Amazon Prime. And in B2B...
Tanger Factory Outlet Centers has reported that its open-air shopping campuses nearly reached their pre-pandemic traffic levels in the last quarter. In international retail, surging Asian demand for leather bags, wallets and very high-end sneakers saw Hermès post a double-digit rise in sales for its most recent quarter. And in faster...
