Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. Get...
Special deals and promotions from merchants are nothing new to the holiday season. In fact, they’re as much a part of annual year-end celebrations as twinkling lights, wrapped presents and overeating (with promises to get in shape as soon as the new year begins). Get...
The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? Get the Full Story Complete the form to unlock this article and...
J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It will likely go down in history as a day that will live in infamy in the movie business. In an unprecedented move, the Warner Bros. movie studio has announced that it will send 17 films — including expected blockbusters like the “The Matrix 4,” “The Suicide Squad”...
ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. Get the Full Story Complete the form to unlock this article and...
Discount retailer Big Lots reported a third-quarter profit of $29.9 million on $1.38 billion in revenue, surpassing Wall Street’s forecasts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The dishes are cleared, the leftovers are largely eaten and the world of grocery shopping is settling down to normal as Thanksgiving week 2020 passes into memory, (or at least whatever passes for normal) as the year is heading into its final few weeks. And...
Grocery giant Kroger Co. had signaled that its third-quarter 2020 report would deliver excellent earnings. And when the company released its Q3 results on Thursday (Dec. 3), it did highlight that its online sales shot up 108 percent. The company also raised its full-year guidance on...
