Sears Holdings Corp. has been struggling to find a buyer for its Kenmore appliance brand and other business lines, but according to news from The Wall Street Journal, Chief Executive Edward Lampert’s hedge fund is interested in buying multiple units from the embattled retailer. Get the...
Walmart is getting extremely close to securing a deal that would give it a majority stake in Indian eCommerce powerhouse Flipkart. That deal will reportedly be for $12 billion at the low end, and experts forecast that the two sides could come to a final...
More than 170 restaurant brands brought in $200 million — or more — in U.S. sales during 2017. Yet Mark Kalinowski of Kalinowski Equity Research said that some brands are growing particularly fast, CNBC reported. Get the Full Story Complete the form to unlock this...
There are many on-demand apps, but few apps aggregate multiple services. Apps such as Accomplice, however, allow users to choose from multiple services and coordinate food deliveries with rideshares. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When it comes to getting customers to their destinations, there are no shortage of options available all over the world. Travel was one of the first verticals the internet disrupted, and today there are not only countless platforms aggregating hotel rooms, cruises and flights; there...
After years of struggle with decreasing sales and mall traffic, Bon-Ton Stores is going out of business. All of the chain’s brick-and-mortar stores are scheduled to close by the end of August, Chain Store Age reported. Get the Full Story Complete the form to unlock this article...
A startup accelerator is not so far-fetched for Farfetch. 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. By completing this form,...
In an effort to generate revenue directly through the products it delivers to consumers, the United Parcel Service (UPS) is launching a loyalty discount program. UPS My Choice Deals offers discounts on products ranging from tires to luxury clothes, Reuters reported. Get the Full Story Complete...
Holidays that call for shopping aren’t just limited to the traditional suspects – Valentine’s Day, Father’s Day, Mother’s Day, and the winter holidays. Retailers have gotten awfully creative with inventing their own “holidays” (or, really, just another excuse to shop). Get the Full Story Complete...
