Aiming to makes its workplaces “safer, simpler and more productive,” Amazon has signed an agreement to acquire Belgium-based mechatronics solution designer and manufacturer Cloostermans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Luxury lifestyle retailer RH won’t sacrifice its image and margins to keep its sales growing as consumers tighten their wallets, RH Chairman and CEO Gary Friedman said Thursday (Sept. 8) in a presentation released along with the company’s quarterly earnings call. Get the Full Story...
With Depression-era roots dating back nearly 100 years, followed by decades of dormancy due to the rise of credit cards, and then, most recently, being eclipsed by the emergence of BNPL, the lowly layaway plan has largely been left behind in the world of consumer...
The company best known for its retail stores called DSW Designer Shoe Warehouse has reportedly been growing its margins by also producing goods and selling them through other retailers as well as its own brick-and-mortar and online stores. Get the Full Story Complete the form...
New technologies designed to enhance the retail shopping experience have been delivering successful results at American Eagle Outfitters (AEO), which otherwise had flat revenue results during the second quarter, executives said Wednesday (Sept. 7) during the company’s quarterly earnings call. Get the Full Story Complete...
French luxury department store Printemps is coming to America. 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,...
While the efforts of Target, Walmart and countless other store brands to whittle down their bloated inventories have been widely reported and the focus of investor attention for months, this evolving saga has now spread beyond consumers and retailers to impact suppliers and manufacturers too....
Health care is the space that couldn’t reinvent itself — becoming truly modern — until Big Retail came along to help usher the industry more fully into the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Peloton Interactive has included in a filing with the Securities and Exchange Commission (SEC) up-to-date information on the status of a Consumer Product Safety Commission (CPSC) investigation into its Tread+ connected fitness treadmill, which the company has recalled and stopped selling. Get the Full Story...
