After starting out as an occasion celebrated by university students, China’s Alibaba helped popularize the country’s Singles Day as a retail shopping event. This year, the annual event turns 10, and the Chinese eCommerce retailer is billing this year’s ocassion as “the largest-ever in terms...
To tackle the problem of food waste, entrepreneurs are turning to a new business model in the grocery space, by creating concepts called zero-waste grocery stores, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues of $1.57 billion and earnings of $1.93 a share compared to estimates of $1.71 billion and $2.23 respectively, CNBC reported. Get the Full...
Sears Holdings Corp. is not publishing its iconic holiday catalog this year. 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...
A recent deal that expands Instacart’s same-day grocery delivery for Sam’s Club members stands as more than good news for the delivery service. This is the latest example of how the digital and physical are merging in retail — and also shows just how far...
To take advantage of its warehouse and driver network, JD.com plans to add a parcel delivery service to its lineup. The offering would let individuals and businesses in three Chinese cities – Guangzhou, Shanghai and Beijing – send packages around China, Reuters reported. Get the...
Men, conventional wisdom indicates, enjoy shopping for clothing somewhat less than women, and on the whole they care less about what they wear. Men are not shoppers – or so the stereotypes tell us. Get the Full Story Complete the form to unlock this article...
While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a longtime partner the rights to operate cafes in four European markets. Mexico’s Alsea SAB will receive the rights for Belgium, Luxembourg, France and...
Rent the Runway announced that it is setting up drop boxes at 15 WeWork locations across the U.S. 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...
