Stitch Fix’s recent initial public offering (IPO) didn’t quite live up to expectations. The target IPO price was $18 to $20 a share. Instead, its stock opened at $16.90 — and, by the end of the day, the price came in at $15 a share. Day...
Walmart is changing its name — its legal name, that is. According to news from The Wall Street Journal on Wednesday (Dec. 6), the big box retailer is making the switch from “Wal-Mart Stores Inc.” to simply “Walmart Inc.” Get the Full Story Complete the form to...
The porch pirates have returned for another season of holiday suburban swashbuckling. 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...
Walmart’s Brazilian unit is reportedly integrating its physical retail and eCommerce activities and is expanding its online marketplace operations. 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...
Blue Apron has some new competition: Walmart, which has sold out of some of the meal kits it recently began selling on its website. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Quick service restaurant (QSR) chain Pizza Hut has begun testing beer delivery at its Arizona locations, according to Tuesday reports from CNBC. Wine delivery is slated for availability in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Innumerable are the stories that say retail is dead. But scratch below the surface of the headlines, and the industry may not be moribund — but instead may be evolving. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The one-time shopper is the bane of the eCommerce merchant’s existence. They come, they shop, they even convert — only to disappear into the digital ether, never to be heard from again. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A new Starbucks coffee chain location opens every 15 hours in China, according to Tuesday reports from CNBC. With more than 3,000 stores already in operation in the country, another 2,000 are in plans and slated for opening by 2021. Get the Full Story Complete...
