DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share in the fast-growing delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Diageo — the world’s largest spirits maker and the firm behind Johnny Walker, Tanqueray Gin and Smirnoff Vodka — has taken a 1.3 billion pound ($1.7 billion) write-down as a result of a bigger-than-expected decline in sales, as demand for its range of alcoholic beverages...
CVS posted strong second-quarter earnings, upped its estimates for 2020 profits and renewed its commitment to fighting COVID-19, the company reported on Wednesday (Aug. 5). Total revenues increased by 3 percent, to $65.3 billion, compared to the same quarter in 2019. Get the Full Story Complete...
The present tense for voice commerce shows an eager and accelerated installed base with 90 million devices in the U.S. But as with everything digital these days, the future is a lot closer than it used to be. And the future for voice commerce will...
The digital shift is definitely extending to online furniture sales, with two companies — Wayfair and Blueport — reporting stratospheric increases in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
In a bid to challenge Amazon, Walmart had planned to launch a new subscription service called Walmart+ in July — but that month came and went, and there was no sign of the retail giant’s next big move. Get the Full Story Complete the form to...
Banking on the odds that Americans will continue a recent trend of performing extra repair and remodeling on the homes they’re stuck in due to COVID-19, The Home Depot announced on Tuesday (Aug. 4) that it is moving quickly to open three new distribution centers...
Wawa Inc., the East Coast convenience and gas station chain, is planning to build a new store that will be different from the retailer’s other 900 shops. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In some ways, Yotpo CEO Tomer Tagrin is the humblest executive to ever close a big funding round. Congratulate him on his $75 million take that was announced on Tuesday (Aug. 4) and he cautions that the celebration should be tempered, because the world is...
