Just because a retailer was created for the internet doesn’t mean it has to stay on the internet. Digitally-native retailers, such as thredUP, are turning to brick-and-mortar stores to reach consumers, too. Get the Full Story Complete the form to unlock this article and enjoy...
Retail continues to migrate toward eCommerce, but warehouse space is not designed to keep up with the increasing pace of online orders. The average age of a warehouse in the U.S. is more than 30 years old, and many lack modern features, CNBC reported. Get...
Though a combined Albertsons and Rite Aid could provide both companies with cost savings and sales benefits, the integration may not come easy. Moody’s said that the benefits of a merger may not be realized in the short term, industry news source FoodDive reported. Get...
Target has announced it is opening additional small-scale stores in New York City (NYC) and Chicago. 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,...
Behind many mom-and-pop pizzerias is an owner swamped with work. Their time in the restaurant often stretches long beyond the traditional eight-hour work day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Alibaba is in the process of acquiring food-delivery startup Ele.me for $9.5 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....
After its funding talks were put on hold earlier this year, Honey’s discussions to raise new funding appeared to have restarted. The company has previously held talks to raise approximately $100 million, Recode reported. Get the Full Story Complete the form to unlock this article and...
Goop, the lifestyle brand founded by Gwyneth Paltrow, is lapping up some serious investor love. The website has just snatched up $50 million in Series C venture funding from NEA, Lightspeed Venture Partners and Felix Capital, according to news from Fortune. Get the Full Story Complete...
As Toys R Us winds down its operations, it is no longer accepting eCommerce orders through its website. Instead, the retailer is directing customers to liquidation sales at its brick-and-mortar stores for both its namesake and Babies R Us brands, industry news source Chain Store Age reported....
