From consumer packaged goods (CPG) to technology, companies in all sorts of industries are adopting the subscription business model. But, despite the differences in their offerings, merchants that offer subscriptions share similar challenges: They must provide a smooth process for product delivery and payment acceptance....
Bars, breweries and bowling alleys may serve up drinks and experiences, but they don’t always have kitchens to prepare meals or bar bites for customers. “When it comes to food, they kind of struggle to provide that amenity to their customers,” Nick Anastasiades, CEO and...
Even with the liquidation of Toys R Us operations in the U.S., Australia and the U.K., parts of the business in other regions are still active and purchase goods as well as pay royalties to Tru Kids. Now, the company is looking to restart the...
Heading toward potentially becoming a public company, Peloton Interactive Inc. is reportedly talking with banks about an initial public offering (IPO). The company is seeking a debut in the latter half of the year, The Wall Street Journal reported. Get the Full Story Complete the...
Crate and Barrel is partnering with home services platform Handy to offer furniture assembly and home decor installation throughout the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Barneys New York is getting into the cannabis business. 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 completing this form,...
Retail furniture giant Ikea’s recent acquisition of handyman site TaskRabbit shows that it’s aware of competition from other online-only furniture retailers, and their push of services like installation and delivery, according to a report by Reuters. Get the Full Story Complete the form to unlock...
Shipments of Apple’s iPhones plummeted around 20 percent in China during the fourth quarter of last year, as competitor Huawei Technologies was able to steal share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lowell W. “Bud” Paxson, the owner of a radio station in Florida, had a challenge one day in the 1970s: He was short on money and payday was approaching. Paxson decided to pay a visit to one of his advertisers to try to collect a...