Foot Locker struggled in the first quarter amid wide-ranging changes to the athletic footwear and athleisure retailer’s physical footprint, brand mix, digital and omnichannel efforts....
Big box retailer Target has become a focal point for significant theft incidents, which has left a considerable dent in its profits. Consequently, the retailer,...
The pandemic home improvement wave has crested, as evidenced by first quarter results reported by The Home Depot, which is seeing a deceleration in its...
U.S. retail sales climbed slightly in April following two months of decline. Figures from the Commerce Department released Tuesday (May 16) showed spending increasing a...
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...
Identity verification firm Prove has teamed with Visa to speed up customer onboarding. The partnership, announced Wednesday (May 10), gives Visa clients access to Prove’s Pre-Fill identity verification solution, which lets...
Inflation continued slowing last month, good news for consumers as many of them curtailed spending. The Consumer Price Index (CPI) rose 0.4% in April, the...
At Costco, eCommerce and discretionary items saw declines in sales in April. During the four weeks that ended April 30, the membership warehouse club recorded...
The latest data from the Federal Reserve released Monday (May 8) show that consumers think inflation’s here for the long term. And higher-income households are...