With new products bolstering online sales of apparel and footwear, Nike came out ahead of Wall Street quarterly estimates. The company’s stock rose 7 percent on the news on Thursday (Dec. 20), Reuters reported. Get the Full Story Complete the form to unlock this article...
Ikea’s parent firm, Ingka Group, has purchased a 49 percent stake in U.S. kitchen installation firm Traemand as it pushes to expand and enhance its service offerings for customers. The purchase of such a large stake come after the two firms have been working together for...
To give consumers one less chore to complete in their day-to-day lives, startups have picked up laundry and returned clean clothes to customers for years. One of them, California-based Rinse, was founded five years ago. Ajay Prakash, the company’s co-founder and CEO, noted that the...
Though doctors strongly advise against it, Americans like to snack at night. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Data shows that this coming Saturday — December 22 — is poised to be the biggest shopping day of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Even though it’s off to a strong start, troubles in Europe and a global consumer slowdown could adversely affect the final stretch of the holiday shopping season, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...
In an interview with CNBC, Marc Lore, president and CEO of Walmart’s U.S. eCommerce business, laid out what he saw as the future of food delivery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Forget returns after Christmas morning — a new survey by UPS found that National Returns Day will happen prior to Christmas, underscoring how eCommerce is changing retail and the behaviors of consumers. Get the Full Story Complete the form to unlock this article and enjoy...
Rothy’s, a three-year old U.S.-based company that offers colorful and comfortable flats for women, has received $35 million in funding from Goldman Sachs’ asset management unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
