Shipt, the online grocery ordering and delivery service, has announced that it has secured $20.1 million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart....
If the latest batch of consumer confidence scores are to be believed, consumers are carrying forward with the uptick of retail-related faith first observed in June — though they haven’t grown much. Figures for July were largely flat, according to nonprofit business and research group the...
Retailers might want to rejoice! 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 completing this form, you agree to receive...
When the top line claims are big and bold – which they certainly have been when it comes to Verizon’s nearly $5 billion dollar acquisition of fallen internet behemoth Yahoo! – the smaller stuff settles down a paragraph or two. Get the Full Story Complete...
As food waste is becoming an increasingly acknowledged problem in the U.S., Walmart is taking an unusually sound step to address the issue. They are selling ugly produce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The final gate has been cleared for the Ahold-Delhaize Merger, as the FTC has officially signed off on the deal that will create the fourth largest grocery company in the United States. Get the Full Story Complete the form to unlock this article and enjoy...
LVMH (Louis Vuitton Moët Hennessy ) and G-III apparel have come to a final agreement on Donna Karan International, parent firm of both Donna Karan and DKNY. The transaction’s total values will clock in at $650 million with customary adjustments at closing. The deal is...
If you’re a retailer or a brand, it seems as though eCommerce and the rise of smartphones and mobile shopping have made your customers more cost-savvy and price-aware than ever before. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Starbucks announced on Monday (July 25) changes to its management structure in an effort to open new retail concepts, such as “upscale” coffee shops and bakeries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
