The appetite for new listings got a bit of a test this week, with a less-than-soaring debut for a high-profile platform company, and relatively smaller deal sizes for special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy...
Children’s apparel retailer Carter’s is optimistic about its prospects as back-to-school shopping returns to normal and the new enhanced child tax credit kicks in across the U.S., even as the company is being forced to spend more to ensure that products can be imported quickly...
After another record Prime Day in June and months of investment in its logistics network, Amazon would historically have joined its retail compatriots in beating Wall Street earnings expectations this week. But with consumers emerging from their homes to shop and socialize, therefore spending less...
With “Help Wanted” signs still plastered on storefronts across America and new headlines announcing hiring hiccups each week, it’s hard to avoid the fact that the retail industry is facing a serious labor shortage, ranging from distribution centers to the checkout line. According to the...
Despite closure of about 17 percent of its worldwide stores in the first half of 2021 because of continued COVID-19 restrictions, Prada reported revenues of more than $1.52 billion for the six months ending June 30, up 60 percent from the same time last year...
Consumers can expect to pay a bit more for their favorite Procter & Gamble products in the next year, after officials said they expect to levy price increases across the board to overcome $1.9 billion in anticipated higher commodity costs and freight increases. Get the...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Denelle Dixon, CEO and...
Social media firms are placing their bets on the wave of interest in social commerce, in which their respective platforms essentially become storefronts where users can discover and buy all kinds of products. Get the Full Story Complete the form to unlock this article and...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Marc Olesen, president and...
