Airbnb, in a newly-released report, predicts 2021 will see a greater amount of regional traveling. 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,...
A retail industry researcher and forecaster issued a report on Thursday (Jan. 28) saying that as many as 10,000 stores could close in the U.S. in 2020. On the upside, U.S. store openings could reach 4,000 this year, with the big winners being grocery discounters...
Chipotle Mexican Grill on Thursday (Jan. 28) announced a pilot test of its new carside pickup program. Chipotle Carside will be tested at 29 of the chain’s California restaurants, with plans for a national rollout later in 2021. The feature will be available exclusively through...
McDonald’s fell short of expectations in the final quarter of 2020. Revenue amounted to $5.31 billion, short of the $5.37 billion expected, while earnings per share were $1.70, eight cents short of the expected EPS, reported CNBC. Global sales fell 1.3 percent, U.S. comparable sales...
Walmart introduced an extended purview and name for its media business, which was previously called Walmart Media Group and is now known as Walmart Connect. The retailer said the new name reflects its capacity to strengthen the link between companies and its 150 million weekly...
Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and Neiman Marcus, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
By the numbers, convenience stores are America’s gas stations. 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,...
For almost a year now, many grocery stores have had to play catch-up, responding to ever-changing consumer behaviors influenced by each shift in the course of the coronavirus pandemic. While infection rates remain high in most areas, the U.S. is also starting to see widespread...
In today’s top retail news, CarParts.com, Inc. launched a shopping hub for hybrids and electric vehicles (EVs), while Belk has unveiled plans to seek Chapter 11 bankruptcy. Plus, Amazon has launched Alexa’s newest set of updates and features designed to make the voice assistant more...
