After its parent company announced plans earlier this year to close 200 stores in the United Kingdom, Walgreens is looking to shutter 200 locations in the United States. The pharmacy chain aims to save $1.5 billion by fiscal 2022 in annual expenses, CNBC reported. Get...
Reliance Industries in India has aligned with U.S.-based luxury jeweler Tiffany & Co to open a line of stores in the country, Reuters reported on Wednesday (Aug. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The company that makes Arizona Iced Tea is getting into the marijuana business, 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 all PYMNTS content — no additional...
Groupon has announced an additional discount program called Groupon Select, according to a news release. 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,...
Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Those two retail trends have recently collided in Southeast Asia, where Carro, an automotive marketplace and financing provider, reportedly has bought Jualo, an online marketplace for...
To help fuel efforts to create robot helpers for homes, Toyota Motor Corp is turning to Preferred Networks Inc to conduct joint research. The idea is to create service robots that can learn in “typical living environments,” Reuters reported. Get the Full Story Complete the...
It is easy enough to think about the various advances in digital commerce as mostly being urban or suburban phenomena. Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail...
Some entrepreneurs create companies to tackle a challenge they have faced in their own lives. Ballbox Founder and CEO Alexander Hejazi, for instance, moved to Chicago after college with all the essentials but didn’t have the items he wanted to use at the beach. While...
After ending its express U.S. shipping contract, per an announcement earlier in the summer, FedEx now plans to conclude its ground-delivery contract with Amazon and will not renew it. Shares of Amazon and FedEx had declined during premarket trading by at least 1 percent, CNBC...
