Retail

Retail
Nike Faces Headwinds: Revenue Decline Looms Ahead of Tuesday’s Earnings
September 30, 2024

As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott Hill will take over as CEO from John Donahoe  on Oct. 13, a move...

Retail
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
September 30, 2024

CVS Health is reportedly meeting with a top investor on ways to enhance its business. 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,...

Retail
Simon Wants Gen Z to Heed Call of the Mall
September 30, 2024

Mall giant Simon Property Group has launched an advertising campaign aimed at younger consumers. 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
Custom 3D Cookie Cake Builder Takes Cue From Nike
September 28, 2024

As consumers expect interactive, customized eCommerce experiences, Great American Cookies is learning from sneaker brands and auto companies how to create an immersive, engaging ordering journey. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Walmart and Amazon Offer New Payment Options as Consumers Seek Flexibility
September 27, 2024

With consumers increasingly expecting to be able to pay however they want, Walmart and Amazon are adding new payment options. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Costco’s New Membership Card Readers Streamline Store Access, Inventory Management
September 26, 2024

As part of its strategy to enhance customer experience and operational efficiency, Costco is rolling out membership card scanners at the front of its stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Amazon Accused in Suit of Touting American Eagle Knock-Offs
September 26, 2024

American Eagle Outfitters has reportedly filed a trademark infringement suit against Amazon. 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...

Retail
Loop Debuts Tool to ‘Offset’ the Cost of Returns
September 25, 2024

Loop has debuted a solution to help merchants offset the cost of returns and reverse logistics. 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,...

Retail
Stitch Fix Hopes for Revenue Growth by 2026 as It Implements Transformation Strategy
September 24, 2024

As Stitch Fix, the online personal styling service, navigates a challenging retail landscape with a transformation strategy designed to revive its financial performance and client engagement, CEO Matt Baer is confident the company will return to revenue growth by the end of fiscal 2026. Get...