Online shopping has fundamentally changed the rules of how to gauge a company’s performance around the holidays. Unlike the old days, the number of people visiting a store on a major shopping day is no longer an indicator of success, Wall Street analysts say, according...
Say it with a Sock Founder Daniel Seeff started his sock subscription business with his wife before they were married. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A food desert is defined as a geographic area where mainstream grocery services are either very limited or absent, leaving consumers in those areas with limited access to fresh produce and meats at affordable prices. There is no one type of place where food deserts...
While many customers may assume that the “Amazon’s Choice” selection of products is a dependable nod of approval, a report from The Wall Street Journal claims that may not be the case. Get the Full Story Complete the form to unlock this article and enjoy...
To thrive in the eCommerce age as it contends with Amazon, Walmart is planning to make its supercenters the heart of a network of businesses operating together to drive profits and bring in customers, The Wall Street Journal reported. Get the Full Story Complete the...
Brick-and-mortar restaurants are rolling out new store designs as their digital businesses increase in size. Chipotle Mexican Grill, in one case, is testing evolved design “to better support its billion-dollar digital business,” the quick-service restaurant (QSR) company said in an announcement, which noted that the...
Because it said it found a tie-up with Takeaway.com to make one of the leading eCommerce food delivery firms compelling, Just Eat supported the company’s final all-share offer and rejected a competing Prosus cash bid. Prosus and Takeaway had both made their bids higher for...
Bigger sales mean more returns as retailers ready themselves for a flood of unwanted merchandise that is anticipated to top $40 billion, CNBC reported on Friday (Dec. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A decade ago, the concept of building a retail operation around shopping in other people’s closets was something of a hard sell. In 2009, the sharing economy was in its earliest days — Uber had just been founded, Airbnb was less than a year old,...
