New leadership is coming to fast-growing discount grocery chain Lidl, with the firm officially announcing Johannes Fieber as the president and CEO of its American arm, according to Supermarket News reports. Fieber is replacing outgoing Brendan Proctor, who has led the firm’s aggressive stateside expansion ambitions since 2015....
Warby Parker rival Eyebobs has said it will soon be opening two brick-and-mortar locations later this summer: one in the Mall of America and one in Orlando’s Florida Mall, according to recent Retail Dive reports. The firm first began testing the concept last October at its Minneapolis-based Glenwood Avenue...
There is no shortage of direct-to-consumer mattress brands as mattress sales move from brick-and-mortar retail to eCommerce. One brand, though, saw a market opportunity as brands like Casper and Leesa took off. Nectar Sleep Co-founder Craig Schmeizer said in an interview with PYMNTS.com, “We didn’t see a provider that...
Overstock has unveiled 17 exclusive private label furniture brands, featuring more than 16,000 furniture and home décor products. The company says the new brands will allow its customers to mix and match furniture across both style and price to achieve a unique look for their...
As Nordstrom ramps up its digital efforts, the department store retailer reported better-than-expected first-quarter earnings. The company reported earnings per share of 51 cents and revenues of $3.47 billion, compared to 44 cents and $3.46 billion. Get the Full Story Complete the form to unlock...
Warm weather means a variety of things in the U.S. – beach trips, outdoor cooking, waterparks and, of course, baseball. In 30 major league parks and 160 minor league stadiums filling out American cities of all shapes and sizes, hundreds of baseball games will unfold...
Visa’s latest fuel to the B2B payments innovation fire came in the form of its inaugural Small Business Hackathon earlier this year. Its winner was Hermyz, a company set on using technology to guide small businesses away from paper checks and toward digitization. Get the...
A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
After a few quiet weeks, U.S. B2B startups in the small business banking, expense management and analytics sectors led this week’s investment roundup, securing more than half of the $108 million raised. Get the Full Story Complete the form to unlock this article and enjoy...
