November 19, 2022
3 Ways Retailers Just Proved That Innovation and Change Are...
For 60 years, Walmart’s stores have dotted the American landscape, its cavernous Supercenters serving as the one-stop-shop of choice for value-minded consumers, often in rural or modest communities that offered...
November 18, 2022
Foot Locker Says Battered Consumers Want Affordable Luxury and Fun
Consumers’ desires for affordable luxury and a fun shopping experience are driving sales of sneakers even in the face of inflation and uncertainty, specialty athletic retailer Foot Locker said Friday...
November 18, 2022
Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce...
Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation rates. The company, which also...
November 17, 2022
National Retail Solutions, Uber Partner on Delivery for Neighborhood Stores
Point-of-sale (POS) platform operator National Retail Solutions (NRS) and Uber Technologies have partnered to facilitate delivery from participating NRS local retailers and bodegas. The partnership will offer Uber Direct’s same-day...
November 17, 2022
Macy’s CEO: ‘We’re a Financially Strong, More Modern Department Store’
Drawing on a 40-year purview as a Macy’s employee that began as a trainee in 1983 and has seen him in the role of chairman and CEO for the past...
November 17, 2022
How Technology Is Increasingly Humanizing Digital Banks
By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core at Technisys, told PYMNTS. From...
November 16, 2022
Retail Report’s Discretionary Spending Pullback Signals Holiday Headwinds
Consumers spent more last month than some observers expected. What remains to be seen is whether that trend can continue. Commentary from Target Wednesday (Nov. 16) and PYMNTS’ own data...
November 16, 2022
Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
For neobanks, the debit card is no longer going to be enough — not to brave the storm clouds gathering at this moment, and which will last a few years....
November 15, 2022
Producer Prices Signal More Margin Pressure for Main Street Retailers
Smaller increases in inflation have given investors reason to cheer in recent days. But the latest Producer Price Index (PPI) data hints at more pressure ahead for Main Street SMBs,...
