With a push to improve search and discovery on its platform, Etsy beat analysts’ earnings estimates for the first quarter, but fell short on top-line revenues. The arts and crafts marketplace reported revenues of $169.3 million and earnings per share of 24 cents compared to...
If you can’t beat ‘em, join ‘em – so goes the motto for pragmatic surrender. In retail, the corollary to that might be if you cannot survive on your own in a world dominated by the likes of Amazon, join its influential and often very...
Helping Hostess earn a spot on JPMorgan’s Analysts Focus List, the industrial baker — and maker of Twinkies — is reportedly experiencing a rebound of sales at Walmart. JPMorgan increased its price target to $16 by $2, which already had an overweight rating on the...
Small businesses might be optimistic about the future. In the accommodation and food services industries, they are also ready to innovate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In one of the biggest recent cases of an established firm buying an eCommerce rival, Edgewell Personal Care reportedly plans to buy shaving startup Harry’s. The anticipated deal is said to be for roughly $1.37 billion in stock and cash, The New York Times reported....
Carrefour SA is considering selling off its Chinese business, and has even reportedly reached out to potential buyers. 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...
Plant-based meat maker Beyond Meat has surged about 225 percent since going public last week, leading one analyst to call the valuation “absurd.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Rent the Runway has opened an 8,300 square-foot store in San Francisco. 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...
Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and KPMG – experts have raised concerns over why these players were unable to detect and prevent several high-profile corporate collapses...
