Retail

Retail
Hasbro To Acquire Entertainment One For About $4B
August 23, 2019

In an all-cash deal, Hasbro will purchase Entertainment One for 3.27 billion pounds or roughly $4 billion in cash. The deal is said to offer new exposure to the Power Rangers and Nerf toymaker, CNBC reported. Hasbro Chief Executive Officer Brian Goldner said, according to...

Retail
Walmart Debuts Earth To Skin Product Line
August 23, 2019

With only products that cost less than $10, Walmart debuted its new Earth to Skin skincare line. The products are made with more natural ingredients and don’t have ingredients such as phthalates, sulfates, parabens or petrolatum, People Magazine reported. Get the Full Story Complete the...

Retail
British Retail Sales Take Pre-Brexit Nosedive
August 23, 2019

New data shows that retail sales in the UK are taking a pre-Brexit nosedive, falling in August at the fastest pace since December 2008. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
The Big Winners (And Losers) Of Retail Earnings Season
August 23, 2019

As the results from the nation’s most prominent names in retail came rolling in for Q2, one could not help but think back to high school and recall what is probably the best-known start to a novel in the English language:  It was the best...

Retail
Mobile Checkout Finds Fresh Fuel From 7-Eleven
August 22, 2019

Mobile checkout is getting a boost from one of the largest retailers, further evidence of the technology’s continuous move deeper into the consumer mainstream. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Rewriting Rewards Around Consumer Behavior
August 22, 2019

In theory, a rewards program tied to customer loyalty is a totally logical acquisition tool.  Customers prone to come in anyway are incented further with points (or stars, or cash back savings), which bring them in, which draws spend, which creates more points and rewards,...

Retail
Bringing Specialty Socks To Malls With Automated Retail
August 22, 2019

For many entrepreneurs, their experiences tend to guide them toward a particular area. The Sock Spot CEO Ben Williams, for instance, worked for a manufacturer in eCommerce and decided to start his own online shopping company. He settled on selling socks because his wife wore...

Retail
TJX Net Sales Miss Estimates In Q2
August 22, 2019

With heightened competition in the off-price space, TJX Cos. reported comp sales and total revenue that came out below the estimates of analysts. The discount department store retailer’s net sales were $9.78 billion, which were below estimates of $9.90 billion, Chain Store Age reported. Get...

Retail
Zomato Faces Challenges With Gold Subscription
August 22, 2019

As restaurants lose interest in the company’s Gold Subscription program, food delivery startup Zomato is hitting roadblocks in India. The offering was meant to be a win-win for restaurant partners along with Zomato, according to reports. Get the Full Story Complete the form to unlock...