Ahead of plans to open hundreds of locations annually in China, Starbucks hit a retail milestone by opening its 30,000th location in the world in Shenzhen. The coffee chain opened its first store in Seattle in the 1970s and has operations in 78 markets globally,...
While Gwyneth Paltrow’s Goop Inc. is most famous as a luxury goods platform, it has also reportedly grown into the center of the wellness industry. The Global Wellness Institute found that the market for those kinds of offerings was value at $4.2 trillion in 2017 and rose...
As the official payment technology partner for Hudson Yards, New York City’s newest neighborhood offering shopping and entertainment options, Visa is offering exclusive discounts and deals to its cardholders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
When cleancult Co-Founder Ryan Lupberger looked at other brands of cleaning products, he noted that the same problems always appeared to arise even with better-for-the-world offerings. “They used really heavy plastic packaging,” Lupberger told PYMNTS in an interview, adding he also didn’t understand their ingredient lists....
In the digital age of subscription boxes and rideshares, consumers expect seamless experiences, whether they are ordering clothes for their wardrobes or hailing rides to their destinations. And the onboarding process can be a key factor for merchants: If those steps are too time-consuming, consumers...
There is no shortage of up-and-coming cosmetics brands promising consumers a more personalized, customized experience. Jouer, a makeup brand that entered the scene 11 years ago, has seen many such up-start competitors rise … and fall. Beauty, cosmetics, fitness and wellness are popular categories, with...
With low prices and high-quality items through private labels, retailers like Target and Costco are increasing sales of their own items quicker than those of iconic American names. Sales of the 20 largest brands notched a 1.2 percent increase in the final three months of...
Weaker-than-expected holiday spending has led to concerns that it’s the start of a retail slowdown, leading Wall Street to slash profit estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A judge has ruled that Rent-A-Center will not have to complete a $1.37 billion merger by Vintage Capital Management, and that the furniture retailer acted properly when it canceled the deal based on a technicality. Bloomberg reported the issue remains of who will pay a...
