Quick: Who’s the biggest retailer in the U.S.? Not Walmart (5,500 stores). If you want to go to QSRs, it’s not even Starbucks (14,000) or Subway (24,000). In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in...
To reduce the chance of spreading COVID-19, U.K. food delivery platform Deliveroo said it would let orders be dropped off outside instead of having a delivery worker meet a client. The company’s clients will have the ability to ask for a non-contact drop-off offering with...
Modell’s Sporting Goods has filed for bankruptcy and will shutter all its stores, the company said on Wednesday (March 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Luxury retailer Neiman Marcus has decided to pivot away from discount stores to focus more on its luxury customers, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
To provide a personalized experience to its shoppers, Publix is debuting its Club Publix membership program, according to announcement. 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...
A Newark Airport store will start using Amazon’s Just Walk Out cashierless technology on March 16, just days after the company announced it was licensing the platform to retailers, according to reports on Wednesday (March 11). Get the Full Story Complete the form to unlock this...
The volatile, COVID-driven stock market has had a mixed effect on the retail IPO class of 2019. The big three initial public offerings — The RealReal, Chewy and Revolve — have either held their own against the storm or found some reason for optimism. Get...
Amid London’s sluggish home sales market, billionaire Henry Cheng Kar-Shun’s firm intends to create its inaugural rental homes at an East London development. Knight Dragon has teamed with Texas-based Lincoln Property Company and MGT, the British real estate investor, to create 500 rental apartments, Bloomberg...
Wall Street is a tough master, especially for eCommerce companies. Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. Its fourth-quarter earnings report, released at the end of February, showed a revenue jump of 88...
