Retail sales

Women’s Apparel Slump Drives Retail Rethink of Cross-Channel Strategies
Women’s Apparel Slump Drives Retail Rethink of Cross-Channel Strategies
January 10, 2023  |  Retail

Retooling cross-channel shopping options could be a key strategy for women’s clothing retailers weathering the economic climate. Data from PYMNTS’ ConnectedEconomy™ report “The Gender Divide” demonstrates...

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Amazon’s Buy With Prime Sets Sights on Off-Platform Payments Ubiquity
Amazon’s Buy With Prime Sets Sights on Off-Platform Payments Ubiquity
January 10, 2023  |  Retail

Job cuts and slowing growth aside, Amazon’s payments ubiquity march — reaching well beyond its own platform — continues unabated. By making Buy With Prime available...

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Amazon Invites More US Merchants to Buy With Prime
Amazon Invites More US Merchants to Buy With Prime
January 10, 2023  |  Retail

Amazon is opening its invite-only Buy With Prime program to a much wider merchant pool. Beginning Jan. 31, the program will be available to all eligible U.S....

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Abercrombie & Fitch Sees Record Q4 in Women’s Apparel
Abercrombie & Fitch Sees Record Q4 in Women’s Apparel
January 09, 2023  |  Retail

Abercrombie & Fitch has boosted its fourth-quarter outlook, driven by record demand for women’s apparel. The retailer of apparel and accessories for men, women and children...

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Rite Aid CEO Departs and Ailing Drug Store Chain Names Interim Leader
Rite Aid CEO Departs and Ailing Drug Store Chain Names Interim Leader
January 09, 2023  |  Retail

Rite Aid has appointed an interim CEO as the company deals with a “dynamic environment.” Elizabeth “Busy” Burr, a member of the company’s board of directors,...

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More Than 1 in 10 Main Street Small Businesses Say No to Digital Innovation
More Than 1 in 10 Main Street Small Businesses Say No to Digital Innovation
January 06, 2023  |  SMBs

Despite macro headwinds, a small percentage of SMBs don’t plan to use tech to improve margins. As detailed in the report “Main Street Health, Q4 2022:...

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Amazon and Walmart Lead Retail Industry Shift to Returns and Results
Amazon and Walmart Lead Retail Industry Shift to Returns and Results
January 06, 2023  |  Retail

While early industry-wide readings on retail sales range from record high to essentially flat if 7% inflation is factored in, fears of a fourth-quarter washout amid a glut of...

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The Home Depot Adds Membership Tiers to B2B Loyalty Program
The Home Depot Adds Membership Tiers to B2B Loyalty Program
January 05, 2023  |  B2B Payments

Home Depot has added new membership tiers to its B2B loyalty program. The Pro Xtra loyalty program for professional contractors and builders now has three tiers and enables...

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Bed Bath & Beyond Faces Potential Bankruptcy Filing
Bed Bath & Beyond Faces Potential Bankruptcy Filing
January 05, 2023  |  Retail

In the face of ongoing challenges, Bed Bath & Beyond said Thursday that it is exploring bankruptcy and other strategic alternatives. In a report Thursday (Jan. 5)...

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