Target said in a blog post on Tuesday (Oct. 5) that it will pay hourly employees in its stores, service centers and supply chain positions — along with some workers in the headquarters and seasonal employees — a $2 hourly bonus for each hour they...
In filing for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC), jewelry and accessory retailer Claire’s joins an exclusive club of companies that are looking to capitalize on the recent retail resurgence despite emerging from bankruptcy less than three years...
When a retailer closes over 200 stores within a nine-month period, it can often mean that things are not going well — sales may be falling or traffic may be dropping, and executives could be looking to cut costs. Get the Full Story Complete the...
The subscription economy is en vogue. 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...
In today’s top retail news, Amazon is making it easier for shoppers to give gifts without knowing the recipient’s address, and the months-long semiconductor chip shortage continues to hurt motor vehicle sales. Also, gasoline delivery could be the next service to join the on-demand economy,...
When Dollar Tree last week said it would begin rolling out price points above $1 on more items, executives said it was meant to help the retailer introduce new products and meet more customer needs — which, in today’s reality, means the buck isn’t strong...
Luxury haircare brand Cuvée Beauty on Monday (Oct. 4) said it has signed a retail distribution deal that will bring its “low-maintenance” products into all Nordstrom stores across the U.S. and to the high-end fashion retailer’s website. Get the Full Story Complete the form to...
Amazon on Monday (Oct. 4) debuted a new feature that will allow U.S. Prime subscribers to send gifts to friends and family members without knowing their addresses, instead relying on mobile phone numbers or email addresses to help with delivery. Get the Full Story Complete...
New vehicle sales dropped in the third quarter due to ongoing supply chain issues and a shortage of semiconductor chips, CNN Business reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
