In an effort to shrink its store footprint and shore up its balance sheets, Mattress Firm and its subsidiaries have filed for a voluntary Chapter 11 restructuring case. The company is seeking to implement a reorganization plan that includes a process for closing “economically inefficient...
Digitally native retailers are testing out temporary brick-and-mortar locations to drive consumer engagement — and allow their customers to experience some of their selections in real life. Two eCommerce retailers in particular — Wayfair and Brandless — are planning to reach consumers with pop-up shops...
Subscription services are finding a new home in brick-and-mortar stores. To that end, dental care startup Quip plans to sell its electric toothbrush starter sets at Target in hopes that shoppers will become future subscribers. Many consumers don’t practice good dental care habits, which CEO Simon...
Facing slowing growth in its online business in a competitive marketplace, Costco narrowly surpassed analyst’s expectations on Thursday (Oct. 4). Net sales reached $44.41 billion, while analysts had expected revenues of $44.27 billion, Reuters reported. Get the Full Story Complete the form to unlock this article...
The last few years have been tough on J.Crew. Sales have slipped consistently, and only showed slight signs of improvement last quarter, mostly driven by J.Crew’s sub-brand, Madewell. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The last few years have been tough on J.Crew. Sales have slipped consistently and only showed slight signs of improvement last quarter, mostly driven by J.Crew’s sub-brand Madwell. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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By many metrics, BJ’s Wholesale Club is having a solid year. Since its IPO two months ago, shares are up 70 percent from its $17 IPO price. Despite that impressive growth, BJ’s is occasionally viewed as an “also ran” in the wholesaling section where it...
Holiday sales for U.S. retailers are expected to increase 4.8 percent 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....
