About 22 years ago, Staples released what was arguably the best back-to-school commercial in human history. 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...
In the first half of 2018, sales in the U.S. toy industry rose by 7 percent to $7.9 billion. The increase occurred during the liquidation of Toys R Us, market research group NPD said in a press release. Get the Full Story Complete the form...
As Mattress Firm, Inc. looks to shutter money-losing locations and find its way out of leases, people familiar with the company say that the retailer is mulling a bankruptcy filing. On the news, Tempur Sealy International Inc.’s stock rose 5.2 percent and closed at $52.64,...
In the digital age, shoppers are trading the grocery store aisles for online ordering and opting to have their items packed for pickup or delivery. But supermarkets face a dilemma: How to fill all of those eCommerce orders? Companies such as Takeoff Technologies provide an...
The ongoing MoviePass drama continues this week — the firm is working hard to regain its footing after a destabilizing few months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While economists had predicted that hiring would slow this year, U.S. employers have been expanding their payrolls, adding an average of 215,000 jobs per month through July. By comparison, employers added 184,000 jobs on average over the first seven months of 2017, the Wall Street Journal reported....
After 12 years – and a recent spate of run-ins with activist investors – Pepsi CEO Indra Nooyi will step down from leading the food and beverage firm. She will be succeeded in the role by Pepsi President Ramon Laguarta as of October 3. Nooyi will remain...
Digitally native brands are trying on a new brick-and-mortar model for size: Instead of opening the doors to cavernous stores, they are opting to create smaller-format locations. When Indochino made the transition from a digital-only to an omnichannel retailer, for example, the Canadian fashion brand...
Choice – and how much to have on hand – is a stunningly complicated problem for retailers. Too little choice, and customers undoubtedly get bored and move on to more interesting pastures. That is the basically intuitive side of choice: Consumers like and require it,...