Following an auction in a U.S. bankruptcy court, Massachusetts’ New England Confectionery Co. (Necco) has founded a buyer. Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. Get the Full Story Complete the form to unlock...
BJ’s Wholesale Club CEO has a vision for the wholesale club: offer members a truly “hassle-free” experience when shopping in the real world or online. It’s not an uncommon vision, of course. There is no one in retail hoping to build a hassle for customers,...
Consumers who want to buy insoles for their shoes typically have one of two choices: They can either by an off-the-shelf insole at a local brick-and-mortar store, or they can visit a doctor for custom-fitted orthotics. Get the Full Story Complete the form to unlock...
Despite experiencing strong growth across its digital channels, Target missed earnings estimates while reporting top-line results slightly ahead of revenue estimates. The retailer reported earnings per share of $1.32 and revenues of $16.8 billion compared to analysts’ estimates of $1.38 and $16.5 billion, respectively. Get...
In 10 years, no one will talk about “contextual commerce” — it’ll just be commerce. That’s what Rich Aberman, co-founder of WePay, predicts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As one of the web’s best known, most established eCommerce sites and original marketplaces, eBay‘s evolution over the last half decade has been rapid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Boosted by strong digital sales growth, Kohl’s posted a strong first quarter and beat both top-line and bottom-line estimates. The retailer reported earnings per share of $0.64 and revenues of $4.21 billion compared to analysts’ estimates of $0.50 and $3.95 billion, respectively. Get the Full...
Hy-Vee amps up its partnership with the Wahlberg brothers by opening its first Wahlburgers restaurant at the Mall of America in Minnesota. The opening comes as Hy-Vee plans to open another 25 restaurants over the next few years, The Star Tribune reported. Hy-Vee Chief Executive...
Best Buy’s Total Tech Support, powered by Geek Squad, has launched a service to assist customers with all of their technology devices and appliances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
