Retail

Retail
Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
July 18, 2024

As Vera Bradley transforms to meet consumers’ evolving omnichannel expectations, the brand is upgrading its stores to better fit how consumers want to shop. In an interview with PYMNTS following the accessories, fashion and home goods brand’s announcement of its refresh, CEO Jackie Ardrey shared...

Retail
Petco Names Former Five Below Chief Joel Anderson as CEO
July 17, 2024

Petco has named former Five Below CEO Joel D. Anderson as its new CEO and a member of its board of directors, effective July 29. This announcement from the pet care retailer comes a day after Five Below said that it had begun a leadership...

Retail
Starbucks Launches EV Charging Partnership With Mercedes
July 17, 2024

Starbucks has teamed with Mercedes-Benz to bring electric vehicle (EV) charging to its stores. The collaboration with Mercedes-Benz High-Power Charging, announced Wednesday (July 17), will place chargers at more than 100 Starbucks stores across the country, starting along Interstate 5, “a critical west coast travel...

Retail
Amazon Prime Day First Day Sales Reach $7.2 Billion Amid Back-to-School Leap
July 17, 2024

 Amazon Prime Day’s opening day reportedly generated $7.2 billion in U.S. sales.  That’s according to a report Wednesday (July 17) by Reuters, citing data from Adobe Analytics. That data, the report said, also showed a massive increase in back-to-school spending, which jumped 210% compared to...

Retail
Bargain Hunters Fuel Amazon’s Prime Day Participation
July 17, 2024

With years of financial challenges compounding shoppers’ deal-seeking behaviors, Amazon and its competitors are seeing spiking demand for their summer deals events. Early reports suggest that Amazon Prime Day, the two-day event that began Tuesday (July 16), may already be outpacing last year’s performance by...

Retail
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very Quickly’
July 17, 2024

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the fray, the aggregator sees a path to quickly regain its competitive footing. In an interview with PYMNTS, Craig Whitmer, vice...

Retail
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors, to pursue other interests. The retailer has appointed its chief operating officer, Kenneth Bull, as interim president and CEO, and...

Retail
Mango Reaches New Heights With Buzzy Collaborations and Click-and-Mortar™ Focus
July 16, 2024

As clothing shoppers increasingly seek of-the-moment relevance and omnichannel accessibility, Mango is growing its reach by seizing on attention-grabbing short-term launches and connected technologies. The company reported Monday (July 15) its highest-yet revenue in the first half of this year, reaching over 1.5 billion euros...

Retail
Loop and ReBound Team for Simplified Retail Returns
July 16, 2024

Returns technology providers Loop and ReBound say they are joining forces. The collaboration, announced Tuesday (July 16), lets retailers using the Loop platform access ReBound’s omnichannel returns management services. The integration allows Loop users to use ReBound’s global logistics offering, which includes return shipments, advanced...