In today’s top retail news, Bed Bath & Beyond debuted another owned brand, while Perfect Corp. has integrated with Facebook. Plus, Nordstrom and Indochino are launching store-in-store shops. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Chinese grocer Dingdong is setting its sights on getting a $6 billion valuation when it goes public in the U.S. The company, which is backed by Japan’s SoftBank Vision Fund II, delivers groceries mainly in such big Chinese cities as Shanghai, Beijing, Shenzhen and Hangzhou....
D2C to IPO. 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 receive marketing communications...
Embark Trucks, a self-driving vehicle company, is set to go public in a deal valued at about $5.2 billion. The San Francisco-based startup is merging with a special-purpose acquisition company (SPAC), Northern Genesis Acquisition Corp., a press release said. Get the Full Story Complete the...
Krispy Kreme started this June out with a bang, filing its S-1 with the Securities and Exchange Commission (SEC) publicly and announcing its intended return to the public markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
With its new “Target Forward” initiative, the Minnesota-based retail chain has created a centralized set of sustainability goals on par with Amazon, Walmart and countless other retailers, at a time when retailers are increasingly rethinking their priorities and reacting to changing consumer preferences. Get the...
Luxury department store Nordstrom and men’s custom-fit fashion retailer Indochino said Wednesday (June 23) they are launching nearly two dozen store-in-store locations in a move aimed at boosting sales at both companies at a time of changing taste and demand for back-to-work clothing. Get the...
Shoppers who flocked to Amazon to pick up summer savings walked away with less in their cart on average than in previous years, a potential sign that the earliest Prime Day yet did not cannibalize back-to-school sales happening later this summer. Get the Full Story...
Beauty technology company Perfect Corp. has integrated with Facebook for the growth of augmented reality (AR) digital beauty try-on and shopping experiences throughout Facebook and Instagram, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...