In today’s top retail news, Crocs executives say demand for their footwear is still outpacing their ability to produce and import product, while Walmart is adding more hours and items to its delivery options. Also, Blackstone is acquiring a majority stake in women’s shapewear brand...
Today in restaurant and grocery tech news, Instacart secures its hold on Canada and Walmart expands holiday delivery. Plus, Kroger opens up a new revenue stream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Digital holdout Grocery Outlet, a California-based grocer for value-seeking consumers with over 400 stores across six states, is finally getting online. The chain announced Thursday (Oct. 21) that it is partnering with Instacart for a pilot test of same-day delivery at 68 of its stores....
Product protection platform Mulberry has introduced a new app in the Square app marketplace to provide customers of merchants using the point-of-sale and payment processing platform with extended warranties and accident protection, according to a Wednesday (Oct. 20) press release. Get the Full Story Complete...
A series of proposed public offerings from eCommerce companies are putting the digital shopping experience on display and highlighting potential pitfalls for merchants as consumers continue to shift more of their attention to digital channels. Get the Full Story Complete the form to unlock this...
PayPal may soon be making a social commerce purchase, though likely on a larger scale than consumers buying many items: The financial services company is reportedly interested in buying the photo-sharing social media platform Pinterest. Get the Full Story Complete the form to unlock this...
Crocs executives say they remain on track to reach both long- and short-term sales goals despite supply chain headwinds as demand for the polarizing footwear continues to outpace supply. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Walmart said on Thursday (Oct. 21) that it’s extending store delivery hours during the holiday season, adding more delivery windows for customers to get their orders and more delivery-eligible items in anticipation of the annual shopping rush. Get the Full Story Complete the form to...
Blackstone Inc. is buying a majority stake in women’s shapewear company Spanx Inc. in a move that puts Spanx’s value at $1.2 billion, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
