For many big carriers contemplating the rise of low-cost, low-frill airlines like WOW air and Norwegian (which offer inexpensive flights across the Atlantic that generally and vastly undercut the cost of offerings the big, global players make), there is a feeling of concern at the...
Flash sale relative newcomer Rue La La has snapped up Gilt Groupe, an eCommerce site that specializes in designer goods at a deep discount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Consumers who want to hire a home services professional to, say, fix a broken air conditioner, are sometimes faced with a dilemma: Who do they call for a repair? When on-demand home services platform Lula debuted in 2015, there weren’t a ton of options, but...
When most people consider a “buy online, pick up in store” arrangement, they’ve already made the purchase when they arrive to collect their item. However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different...
After growing Starbucks from a humble 11 stores to a worldwide operation with 28,000 locations in 77 countries, Howard Schultz is stepping down as executive chairman and a member of the company’s board of directors. Schultz will become chairman emeritus as of June 26, the coffee chain said...
Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead, IKEA is focusing its efforts on eCommerce sales, USA Today reported. Get the Full Story Complete the form to unlock...
There are, perhaps, few moments sadder in the life of a wardrobe than when a beloved t-shirt is laid to rest. Maybe the collar is a memory or it is more hole than t-shirt. Whatever the reason, saying goodbye to a t-shirt can be hard....
As meal kits from companies, such as Blue Apron and Plated, begin to appear on supermarket shelves, HelloFresh will soon sell its meal kits in Stop & Shop and Giant Food. The company’s kits will come to just under 600 stores — primarily in the Northeast,...
As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported. Get...
