Faced with shifting consumer preferences and a hefty debt load, David’s Bridal is said to be planning a bankruptcy filing that is reportedly part of an agreement with lenders. The company has said that it would not affect appointments and orders, CNBC reported. Get the Full...
Nordstrom’s stock was under pressure Thursday (November 15) after the department store operator posted third-quarter results that missed its projections and disclosed it overcharged some of its credit card customers. According to a report in CNBC, for its third quarter, Nordstrom wrote down $72 million in...
Walmart is apparently expecting the holiday season to be merry and bright in 2018, with raised expectations for the full year following a third quarter with stronger-than-expected earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A week out from Thanksgiving, and home chefs nationwide are inspecting their gear, wondering if the tools are adequate for the task. Some will look at battered pots, mismatched utensils, a non-functioning food processor and what might have been the first crockpot ever sold – and...
In the 1960s, Avis turned to its marketing agency in hopes of tackling a challenge: the car rental company wanted to keep pace with Hertz, which was the top brand for car rentals. The agency, Doyle Dane Bernbach, came up with the tagline “We Try...
Established food delivery apps that serve customers from coast to coast aren’t the only game in town. In communities across the country, there are also smaller upstarts delivering food to homes and businesses. Take Holland Eats, which caters to 30,000 residents in Holland, Michigan. The...
To enhance the training of its employee associates, Walmart is investing in virtual reality (VR) to help employees experience retail situations like the Black Friday rush. With its initiative, 17,000 headsets from Oculus Go will reportedly arrive at 4,700 stores in the United States, Vox...
As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing with Great American Capital Partners, along with other lenders. The potential deal could bring the retailers’ financing package up to...
All teens want for the holidays this year is a new iPhone and some Fortnite “V-Bucks” virtual currency. 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...
