In today’s top retail news, Peloton has been subpoenaed by the federal government over its handling of dozens of reported injuries caused by treadmills, and PYMNTS data show that Amazon has held onto its front-runner status over Walmart for the third quarter in a row,...
Special sales events — especially for limited edition products, for exclusive offerings — have the power to lure consumers from all walks of life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Today in restaurant and grocery tech news, Dole is overhauling its supply chain, while Pizza Hut hints at its grocery intentions. Plus, Dmitry Shevelenko, co-founder of last-mile logistics company Tortoise, talks making robotic delivery feasible today. Get the Full Story Complete the form to unlock...
The National Retail Federation (NRF) says it is “encouraged” by the Biden administration’s efforts to deal with supply chain disruptions, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
With the announcement of Pizza Hut’s new CEO, it looks like the brand may have ambitions to get into consumer-packaged goods (CPG). The restaurant’s parent company Yum Brands announced Thursday (Aug 26) that Aaron Powell, former president of Kimberly-Clark’s Asia-Pacific CPG business who started his...
Footwear and apparel retailer Allbirds has opened its 30th global location in Atlanta’s Ponce City Market. The 3,000-square-foot outpost includes a retail store and community center, and joins other locations across North America, Asia and Europe. Get the Full Story Complete the form to unlock...
Connected fitness giant Peloton said in a filing with the U.S. Securities and Exchange Commission (SEC) on Friday (Aug. 27) that it has been subpoenaed by the U.S. Department of Justice and Department of Homeland Security for documents and information related to how the company...
After vaulting ahead of Walmart in the fourth quarter last year, Amazon has held its front-runner status for the third quarter in a row, albeit by a razor-thin and shrinking margin. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Big Lots Inc. on Friday (Aug. 27) reported that eCommerce demand was up 10 percent in the second quarter compared to the same time last year and 400 percent from two years earlier. The company also saw 1.7 million people added to its rewards program...
