Though general pharmacy sales were on the incline, general store traffic fell in Q2 for CVS, meaning that the retailer’s growth missed analyst expectations when earnings were announced this morning. Sales were up 2.1 percent, a slight miss on the 2.5 percent forecast ahead of...
New Yorkers can now get their Dunkin’ Donuts fix a little bit easier. 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....
Uber is pouring $500 million into developing its own mapping technology to wean itself off Google Maps and prepare for the advent of driverless cars, according to a report from Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Westfield Corporation, which operates 32 gigantic shopping malls across America, has announced a partnership with advertising giant R/GA and 10 startups in hopes they will “grow innovative commerce and retail ideas.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Facebook and Twitter are trying to entice YouTube stars hesitant to post their content on the social networks by developing new ad models that would make it more financially appealing for them to post content, according to a report from Bloomberg. Get the Full Story...
Consumers simply aren’t spending on apparel like they used to — as illustrated by a drop in sales for most major retailers this year, including major brands, like Macy’s, Kohl’s and Gap — but if there’s one area of the apparel industry that consumers are...
Somewhere along the way from 1776 to today, America has adopted an ethos that bigger is almost always better — bigger office buildings, bigger staffs to fill them and bigger revenue streams to pay for it all. Get the Full Story Complete the form to unlock...
Within 24 hours of its release, Pokémon GO had stolen the hearts and minds of millions of players and countless more observers who didn’t quite know what they were seeing but knew it was a big deal nonetheless. Retailers began scrambling over each other for a...
So far, ice cream is one of those things that doesn’t translate well across the digital divide of modern commerce. Even with same-day shipping, there’s nothing like walking out of an ice cream shoppe with both hands wrapped around a cone — well, one hand,...
