After a six-month review period that saw its own stock and the broader markets falling by more than 20%, Walgreens announced Tuesday (June 28) that it has decided to retain ownership of its U.K.-based Boots unit, as well as its No7 cosmetics brand. Get the Full...
American retail inventories rose 17.3% between May 2021 and May 2022, the Census Bureau reported Tuesday (June 28). 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...
In an industry filled with legendary toe-to-toe competition between rival teams and athletes, Nike finds itself similarly embroiled in a binary contest of its own. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Chinese travel site Trip.com saw a 270% increase in air travel bookings in the past year as European and Asia Pacific countries lifted their COVID-19 restrictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
By the end of this week, 20,000 dock workers spread across 29 different West Coast shipping ports will either have a new contract or not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Sporting goods and apparel company BSN Sports is set to acquire high school and college athletic wear provider Eastbay Team Sales from Foot Locker, the company announced in a press release Monday (June 27).Terms were not disclosed. Get the Full Story Complete the form to...
A consumer advocacy group says three of Australia’s largest retailers are using “unreasonably intrusive” facial recognition technology on their shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Candymaker Mars Inc. has filed for an NFT trademark for its M&M brand, the latest food company hoping to bring its product into the metaverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Today in retail, U.S. senators are trying again to get support for Payment Choice Act, while H&M closes its Shanghai, China, flagship location amid supply chain issues and backlash over lack of Xinjiang cotton use. Plus, Amazon and Walmart lean on high-tech solution as recession...
