With CVS’ planned acquisition of Aetna expected to close prior to Thanksgiving, the combined company plans to tackle health outcomes and services while reducing health costs. The health retailer is looking to open concept stores in the beginning of 2019, CNBC reported. Get the Full...
With an Alibaba partnership, Starbucks’ delivery service in China has a wide reach: the chain offers delivery in 17 cities in the country in 1,100 stores after coming online in September in Shanghai and Beijing, Chain Store Age reported. Get the Full Story Complete the...
With strong income growth, increased customer confidence and low unemployment, U.S. holiday sales may top $1 trillion this year. eMarketer noted that the sales may reach $1.002 trillion for the period extending from Nov. 1 to Dec. 31 — nearly 6 percent more than 2017, CNBC reported....
CVS Health beat analysts’ earnings and revenue estimates for the third quarter amid a rise in its pharmacy revenue. The retailer, which also said it foresees its Aetna acquisition to close prior to Thanksgiving, reported earnings per share of $1.73 and revenues of $47.3 billion compared to...
Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. One of his first jobs was working for a company that created an application programming interface (API) to help businesses send text messages to...
A quick glance at the PYMNTS Subscription Commerce Tracker quickly explains the massive allure of the meal kit delivery business for entrepreneurs of all kinds. The projected value of meal kit subscription sales is estimated to hit $3 billion in 2018. Which is why there...
Long before Five Below started selling items like Bluetooth headsets and Spalding basketballs for $5 or less, Frank Woolworth opened Utica, New York’s The Great 5¢ Store in 1879. The store’s selection was, of course, decidedly low-tech: the first item sold was a fire shovel...
The time for retail nostalgia is over. Now, for Sears, comes the bankruptcy process — and as reported on Monday (Nov. 5), the chain, according to Reuters, “is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600...
Travelers may face a dilemma when they explore a city: they might want to see the sights, but they have luggage that they can’t store in a vacation rental. To help create a marketplace solution to this problem, Sid Khattri developed an online platform called...
