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...
To supply retailers such as Whole Foods and U.S. Foods with greens, 80 Acres Farms is constructing a “fully automated indoor farm.” The project’s reported cost is in the range of $10 million to $15 million, CNBC reported. Get the Full Story Complete the form...
Luxury automakers are test driving new business models: Audi has announced a pilot program dubbed Audi Select that allows customers to borrow from a small selection of vehicles. The service, which made its first appearance in five Dallas-Fort Worth area dealerships, gives customers access to...
Grocers are expanding their in-store and online offerings as they compete with other retailers in a crowded space. Aldi, in particular, recently announced the expansion of its online grocery delivery service to all of its stores in the United States. To that end, the German...
Customized clothing and automation generally don’t exist comfortably in the same sentence, let alone in the same retail operation. Custom dressing tends to call to mind images of sketched designs and hand-sewn items, not robots or computers. Get the Full Story Complete the form to...