Retailers are rolling out new ways for consumers to look for items online. Forever 21, in particular, is moving beyond text-based online search for its customers with visual search. In an announcement for the feature, Forever 21 President Alex Ok said the technology “bridges the...
Despite problems with its new logistics system, which cost H&M an additional $45 million, the retailer saw a positive sales trend during September — the first month of the fourth quarter. In a call with analysts, H&M CEO Karl-Johan Persson said that the glitches would...
Home Depot announced that it has launched express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metros across the U.S. The new service is part of the company’s five-year expansion of its delivery offerings for DIY...
AMC Theatres announced on Wednesday (Sept. 26) that its AMC Stubs A-List, which launched three months ago, has seen membership sign-ups from August and September outpace the company’s expectations, with more than 380,000 moviegoers now part of the subscription service. Get the Full Story Complete the...
Inspire Brands announced that it will acquire Sonic for approximately $2.3 billion. 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...
Dunkin’ Donuts announced that it has officially changed its name, and will now be known simply as Dunkin’. 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...
Retailers are looking for hundreds of thousands of retail workers ahead of what is expected to be a busy holiday season: Target, in particular, is looking to bring on 120,000 employees across the country. Finding these workers, however, is no easy feat, as the country...
There are bootstrapped startups, and there are startups that aspire to bootstraps when they first enter the market. For PleaseNotes, a firm that specializes in offering customers affirming materials like guided journals, sticky pads and stickers, its earliest days were closer to the former category...
In an effort to avoid bankruptcy, Sears CEO Edward Lampert is pitching a rescue plan: He wants the retailer’s board to sell assets and creditors to refinance debts, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...
