Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to trim billions, the Financial Times reported Tuesday (Feb. 18). Get the Full Story Complete the form to unlock this article...
You better eat your Wheaties. At an average of $3.74 a box, even with Russell Wilson or Serena Williams on the cover, it has been a staple of the General Mills cereal business as it competes for shelf space along with Kellogg’s Corn Flakes, Cheerios...
As the wellness trend has expanded and intermingled with the beauty and cosmetics industry, the term concept of “clean” beauty has increasingly risen to prominence. What exactly that term means can vary. For some firms it means they don’t test on animals, with other firms it...
In some ways, sleep and bedding retailer Essentia has the perfect Hollywood story. An epic one, actually. It has heartbreak, redemption, famous people, family ties and, of course, mattresses and pillows. Yet, while the story of one of its competitors is all over the news,...
Before Taylor Jones started Jonesbar, he had been subsisting on energy bars as he lived a busy professional and athletic life. And he had eaten many different varieties of them. “I’ve tried every single one under the sun,” he told PYMNTS in an interview. He was...
With a move that could change how shoppers buy merchandise, IKEA is allowing consumers to essentially pay with their time. IKEA Dubai is launching a campaign that will let shoppers use their time as currency by showing their Google Maps timeline to checkout workers to...
With the potential help of stock listings or mergers, the largest food delivery firms in the country are aiming to bolster their finances. Postmates, DoorDash and Uber Eats have each talked about merging in different combinations in 2019, but none brought about a deal, The...
Troubled home-décor chain Pier 1 Imports has plans to sell the company as it applies for Chapter 11 bankruptcy and shutters as many as 450 stores — nearly half of its locations, according to reports on Monday (Feb.17). Get the Full Story Complete the form...
Bostonians take their running seriously. 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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive...