Potentially lessening its reliance on Whole Foods, United Natural Foods (UNFI) said that it would acquire SUPERVALU for $2.9 billion. As it stands, Whole Foods comprises about 33 percent of UNFI’s business, and the grocer’s contract with the distributor is set to end in 2025,...
RadioShack is looking to make a comeback through a new partnership with HobbyTown. 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....
Sales at lululemon athletica have fared well despite retail industry woes, but the company has experienced a challenging start to the year on the executive front: The retailer’s former chief executive, Laurent Potdevin, abruptly resigned in February after reportedly exhibiting behavior that failed to meet...
Walmart has announced that Capital One will become the exclusive issuer of Walmart’s credit card and co-branded credit card program in the U.S. The partnership will begin Aug. 1, 2019. “Walmart and Capital One share a common goal of transforming the way they serve customers...
Mastercard results released on Thursday (July 26) showed growth in international transactions, where double-digit percentage gains outpaced other metrics such as gross dollar volumes, which also showed healthy growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Simple ideas can sometimes have a surprisingly powerful impact. They can also be harder to engineer from the outside than one might assume. Such is the story of UNTUCKit, the menswear firm premised on an incredibly simple idea: Men should be able to wear their...
Weeks after the last Babies R Us location closed, Walmart is doubling down on its baby business. The retailer is revamping the landing page on its website for items such as baby food and diapers, CNBC reported. Get the Full Story Complete the form to...
eBay has launched a new image search feature for its mobile app that enables users to simply drag and drop images into the search bar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As JCPenney has shifted strategies and experienced three different chief executives in about seven years, the retailer is now focusing on reaching moms. It had previously tried to reach millennials, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...
