Warehouse workers at Walmart are choosing between getting weekly bonuses and taking vacations in August in a move aimed at helping the big box retailer prepare for the holiday shopping season at a time when the labor market is thin and the supply chain is...
As eCommerce has accelerated over the past 18 months, an increasing number of investors have been looking for a way to get a piece of the action. Buying stock in Amazon or eCommerce platforms such as BigCommerce, which went public in August 2020, is one...
Retail marketing technology company Bluecore has a $1 billion valuation now, following the close of a Series E round, giving the company $125 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Today in restaurant and grocery news, Uber touts its global leadership in food delivery just as DoorDash gears up for a major grocery investment. Plus, Panera Breads teams up with other JAB Holding Company brands to pull ahead in the fast-casual space. Get the Full...
U.S. retail sales in July increased by 10.9 percent year on year, excluding auto and gasoline, signifying “nearly quadruple the average growth in the month of July,” a new report from Mastercard showed. Get the Full Story Complete the form to unlock this article and...
In today’s top retail news, Wayfair is seeing a decline in active customers as the nesting trend ends, while Etsy says it’s hanging onto people who came to its marketplace during the pandemic. Also, the toy industry saw a boost as kids returned to outdoor...
In today’s connected economy, the food and beverage (F&B) businesses that lead the pack are those that are able to break down divisions between the various F&B categories to engage with consumers across their eating and drinking routines. Against this backdrop, Midwestern grocery chain Hy-Vee...
There is strength in numbers (in this case, in the number three). JAB Holding Company, parent company of a range of food and drink brands, has combined three of its subsidiaries — Panera Bread, Caribou Coffee and Einstein Bros. Bagels — into Panera Brands, the...
Despite concerns that consumers who flocked to Etsy at the height of the pandemic would disappear when more shopping options became available, executives at the online marketplace say they’ve seen nothing to suggest that is happening. Get the Full Story Complete the form to unlock...
