Sandal maker Birkenstock is pushing retailers to pull similar styles from other brands from their shelves in their brick-and-mortar locations and online stores — and some have begun to comply with the request, according to sources and emails cited by The Wall Street Journal Monday...
Toymaker Mattel, Inc. on Monday (April 4) took another step forward in its sustainability efforts with the launch of a MEGA BLOKS Green Town line of products and the release of a Matchbox Tesla Roadster that’s made from 99% recycled materials, according to a company...
One week after declining a pair of takeover offers from an American private equity investor, British fashion retailer Ted Baker said it’s ready to consider a sale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s not every day that a business that’s been around for 50 years can more than double its sales and conversion rates within three months of adopting a new digital selling tool. Get the Full Story Complete the form to unlock this article and enjoy...
Target plans to allow shoppers use food stamps to pay for online orders, Reuters wrote Friday (April 1). 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...
Today in retail, PYMNTS research found seven out of eight store cardholders used those cards to make their most recent purchases. Plus, By Rotation fashion rental platform has raised $2.9 million in seed funding, and Macy’s new fulfillment center in North Carolina will handle 30%...
Depending on your perspective, today is either April Fool’s Day or the start of the 2nd quarter. 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 our...
If Kohl’s, with 1,100 stores and roughly $20 billion in revenue, is worth $9 billion, how much would storied department store chain JCPenney, with 650 locations doing $9 billion in sales, be worth? Get the Full Story Complete the form to unlock this article and...
Macy’s is continuing its transition to becoming a multi-brand omnichannel leader rather than a department store with the announcement Thursday (March 31) of a scheduled opening of a new fulfillment center in China Grove, North Carolina, in 2024. Get the Full Story Complete the form...
