Starbucks has announced that its digital leader, Adam Brotman, is leaving the company to become the chief experience officer at J.Crew. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
As shaving products company Harry’s plans to announce its $112 million in new financing, the company is looking to grow its brand beyond men’s grooming. The move could provide competition from large conglomerates such as Procter & Gamble, The New York Times reported. “We’ve built...
While much of physical retail struggled in 2017 from rapidly realigning consumer shopping habits, the team at Home Depot had an incredibly solid year, with same-store sales growing each quarter and a stock price that surged 42 percent. Get the Full Story Complete the form...
To help gain exposure and customer insights, Warby Parker is expanding its brick-and-mortar portfolio. The eyeglass retailer is aiming to have approximately 100 stores in the U.S. by the end of 2018, CNBC reported. Get the Full Story Complete the form to unlock this article...
To research a product, potential customers may turn to Google. But finding product information can be a bit of a cumbersome process. Consumers may have to scroll through many social media channels or product reviews to make an informed decision, after all. Get the Full...
Sears offered another rather depressing earnings report but says recent restructuring of the U.S. tax code will help it post a profit in the not-too-distant future. The store confirmed that same-store sales were down a whopping 15.6 percent during the fourth quarter of fiscal 2017....
Reports in Reuters this morning indicate that Walmart is closing in on buying 40 percent of Indian eCommerce giant Flipkart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Delivery — particularly delivery on demand — is often an expensive logistical challenge for online retailers, but it is one that Israeli-based artificial intelligence (FI) startup CommonSense Robotics thinks it can help to solve, VentureBeat reported. The robotics firm recently raised $20 million in a Series A funding...
Headquartered in Westborough, Massachusetts, BJ’s Wholesale Club doesn’t always attract the same level of interest as its larger counterparts at Costco or Sam’s Club — mostly because those competitors are much larger. With around 210 locations nationwide, BJ’s is less than half their size. Get the Full Story...