Restaurants may want to reach more delivery customers by expanding into new markets, especially as the market for food delivery could grow to $17 billion by 2020. Yet it doesn’t always make sense for restaurants to open new brick-and-mortar locations. Get the Full Story Complete...
Walmart, in its ongoing quest to reinvent its digital presence, is rolling out a new online portal for consumers seeking home goods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It’s not enough for Walmart to simply offer everyday low prices and expect consumers to still make the trek to their local brick-and-mortar supercenter. Even traditionally offline retailers such as Walmart have to expand their omnichannel offerings to reach consumers. Get the Full Story Complete...
Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As Priceline Group focuses in on its hotel and home rental business, the online travel company announced it had changed its name on Wednesday (Feb. 21). It is now known as Booking Holdings, according to CNBC reports. Get the Full Story Complete the form to unlock...
Walmart stock is taking its roughest hits in two years after turning in an earnings performance investors found disappointing, according to Bloomberg. Stocks are down nearly 9 percent, and the company’s drawn down annual profit forecast has investors wondering if the world’s largest retailer by...
SMS text messaging is a little over 20 years old. For a human, that’s young. 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,...
Alibaba and Tencent, which are locked in a battle to win over consumers, have invested more than $10 billion in retailers since the beginning of 2017. As a result, retailers are taking sides, CNBC reported. Get the Full Story Complete the form to unlock this...
Marking the first time that a brand other than Snap has allowed consumers to purchase a product directly through Snapchat, Nike pre-released its Air Jordan III “Tinker” sneakers on Snapchat with same-day delivery, TechCrunch reported. The sale was only available to attendees of a Monday (Feb. 19)...
