There is no shortage of direct-to-consumer mattress brands as mattress sales move from brick-and-mortar retail to eCommerce. One brand, though, saw a market opportunity as brands like Casper and Leesa took off. Nectar Sleep Co-founder Craig Schmeizer said in an interview with PYMNTS.com, “We didn’t see a provider that...
Overstock has unveiled 17 exclusive private label furniture brands, featuring more than 16,000 furniture and home décor products. The company says the new brands will allow its customers to mix and match furniture across both style and price to achieve a unique look for their...
As Nordstrom ramps up its digital efforts, the department store retailer reported better-than-expected first-quarter earnings. The company reported earnings per share of 51 cents and revenues of $3.47 billion, compared to 44 cents and $3.46 billion. Get the Full Story Complete the form to unlock...
Just seven years after going private, BJ’s Wholesale Club has filed for an initial public offering (IPO), The Wall Street Journal (WSJ) reported. The deal could value the Westborough, Massachusetts-based, membership-only warehouse chain somewhere between $2 billion and $3 billion. Get the Full Story Complete the...
As eBay ramps up its personalization efforts, the eCommerce marketplace has rolled out a feature that curates its wide selection of inventory to match the passions and styles of individual shoppers. The feature — dubbed “Interests” — uses data and algorithms to match users with hundreds...
Following a test of Local Crate in select stores, Target is bringing the company’s meal kits to over 200 stores in California and Minnesota. The retailer had also tested meal kits from Hello Fresh, Tyson Tastemakers, Chef’s Menu and Chef’d in select stores, the Star Tribune...
Amid a difficult year for retail in Britain, a large lender now says it won’t lend to shopping centers in the country. Deutsche Pfandbriefbank CEO Andreas Arndt said on Monday (May 14) that malls are a “no-go area” for lending, Bloomberg reported. Get the Full Story Complete...
In an era that has seen physical retail locations — particularly large box stores — suffer from consumers becoming increasingly enamored with the online experience, it was still a bit of a surprise to see shoe retailer DSW log something of a bumpy 2017. Sales were...
Airlines often face a common dilemma when it comes to some of their routes: How do they fill empty seats and ensure their flights are fully booked? Rama Poola came to a possible solution after flying around the world and noticing that flights aren’t always sold...
