Retail

Retail
CVS CEO Says Amazon Isn’t Keeping Him Up At Night
October 17, 2018

While CVS Health CEO Larry Merlo doesn’t lie awake at night worrying about Amazon, he admitted his company is making sure there isn’t any room for disruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
Domino’s 6.3 Percent US Comp Sales Growth Falls Short Of Estimates In Q3
October 17, 2018

Amid lower than expected U.S. comparable sales growth, Domino’s Pizza posted less than expected sales, but beat earnings estimates. The pizza chain reported revenues of $785.97 million and earnings per share of $1.95 compared to estimates of $788.08 million and $1.75, respectively. Get the Full...

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Netflix Adds 7M Subscribers In Q3 Earnings Beat
October 17, 2018

With blockbuster subscriber gains, Netflix rocketed past its earnings estimates and met its revenue expectations. The movie subscription company posted $4 billion in revenue and earnings per share of 89 cents compared to 68 cents and $4 billion, respectively. Wall Street rewarded the stock handsomely,...

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Tulerie On Liberating High-End Fashion From Closets With Platform Rentals
October 17, 2018

The world is full of beautiful clothes — sitting in closets, going unworn. In fact, according to Tulerie Co-founders Merri Smith, COO, and Violet Gross, CEO, about 70 percent of clothes in the typical woman’s closet languishes there on a hanger after being worn only one time. Get the Full Story...

Retail
Walmart Pushes Digital Innovation During Investor Day
October 16, 2018

Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Christie’s Brings Blockchain To The World Of Art
October 16, 2018

While much has been said and written about the blockchain in recent years – good and bad – generally speaking, few have ever really considered it as an artistic venture. In the sense that anything ingenious is a work of art, one could say that...

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Menswear Brands Get An Online Spotlight With Deal-Of-The-Day Platforms
October 16, 2018

Small menswear brands, even some that are considered to be medium or large, might face a challenge when it comes to marketing: How do they get in front of consumers? Michael Sacks, who co-founded Cayenne, settled on a Woot-like deal-of-the-day platform to enable these brands...

Retail
Tapping Into The Digital Economy With Restaurant Innovations
October 16, 2018

In a bid to serve customers through digital channels, quick-service restaurants (QSRs) are rolling out new innovations. These technologies bring more options for consumers to order and pay for their meals, such as kiosks and mobile ordering. In one new approach, some QSRs are offering...

Retail
Walmart Plans Online Store With Advance Auto Parts
October 16, 2018

To bring a specialty auto parts store to its website, Walmart is teaming up with Advance Auto Parts. Through the tie-up, the retailer will offer auto parts products and accessories such as tires in Walmart Auto Care Centers as well as online, CNBC reported. Get...