Coffee chain Starbucks sees China as its largest growth opportunity, and company CEO Kevin Johnson says the firm is pushing full speed ahead as it maps out it growth plan for the next 10 years, according to Bloomberg reports published Tuesday (Oct. 10). Get the...
Clothing retailer Gap announced news on Tuesday (Oct. 10) that it is dipping its toe in the subscription commerce waters. According to CNBC reports, the company’s baby division has launched its foray into the space and is now offering a baby clothes subscription outfit box....
Walmart is placing a bigger emphasis on online sales, with the company’s executives saying they are cutting more costs to free cash for new eCommerce initiatives and store improvements. The company hopes the new moves will help it remain competitive. Get the Full Story Complete...
Think you can’t teach an old finance dog new tricks? Think again. 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...
While not much of an event, yet, on North American shores, elsewhere in the world the countdown to Singles Day is underway. The price of cardboard is soaring in China for fear that boxes will run out, retailers nationwide have started advertising Singles Day sales...
In retail news, Scandinavian home furnishings chain IKEA has announced plans to test full-range showrooms and an “open-source” design, according to reports from Reuters on Monday (Oct. 9). The new concept stores have already launched as trials in smaller city centers, including order and pickup...
Blue Apron rival HelloFresh has announced its plans for an IPO that could leave the Rocket Internet-launched firm with a $1.8 billion valuation, The New York Times reported Tuesday (Oct. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Forget older shoppers – when it comes to the target audience retailers have set their sights on, it’s the 26-year-old millennials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
While eCommerce has done plenty of damage to brick and mortar stores, Tommy Hilfiger believes the shopping mall can survive — as long as the brand is “phenomenal, exciting and offer great experiences.” Get the Full Story Complete the form to unlock this article and enjoy...
