With the entry of dozens of digitally native companies into the online grocery space, and with billions in venture capital to power their expansion, traditional brick-and-mortar grocers are challenged to adapt to retain the loyalty of their shoppers. Strategies that worked when online orders made...
The global online grocery space continues to get more crowded. Not only do new e-grocery companies enter the ring each month, but existing companies from other industries have been making their own entries into the space. Bolt (the Estonia-based multinational mobility platform, not the San...
Acima, the virtual lease-to-own (LTO) FinTech arm of Rent-A-Center, Inc., on Monday (Aug. 2) rolled out a digital platform focused on improving the retail leasing experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As of today, L Brands is no more. Nearly 60 years after businessman Les Wexner borrowed $10,000 to open The Limited’s first location in Ohio, the company’s two remaining brands — Victoria’s Secret and Bath & Body Works — are charting their own paths as...
The past several weeks have seen one glowing earnings report after another for retailers and eCommerce companies. In toys, Mattel and Hasbro both saw strong sales between April and June, and shoemakers Skechers and Crocs said they’ve seen increased demand for their products as consumers...
Athletic footwear and apparel retailer Foot Locker is planning to acquire two smaller footwear retailers for a combined $1.1 billion as the company looks to grow beyond malls and accelerate its digital strategy. Get the Full Story Complete the form to unlock this article and...
Bed Bath & Beyond Inc. on Monday (Aug. 2) announced an exclusive retail partnership with home cleaning product company Safely that brings the product line into 750 Bed Bath & Beyond stores across the U.S., as well as buybuy BABY and Harmon locations and all...
The world suffered a loss this week, as American luminary Ron Popeil passed away at the age of 86 in a Los Angeles hospital. While younger readers may have never heard of the original TV pitchman, they’ve surely come in contact with his work, his influence and...
Today in restaurant and grocery news, major coffee brands report strong sales, while Restaurant Brands International sees its loyalty investments pay off. Plus, Gopuff gets another billion to power its expansion. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
