Cosmetics giant Estee Lauder said Wednesday (Nov. 2) a reduction in the level of makeup, skin and hair care products that retailers are willing to hold on their shelves and in warehouses led to an 11% drop in worldwide sales last quarter as well as...
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, you agree to receive marketing communications from PYMNTS and...
Bath & Body Works has found its new CEO in Gina Boswell, a 30-year veteran of the beauty and personal care industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While reporting the company’s earnings Wednesday (Nov. 2), CVS CEO Karen Lynch noted that this year has also been important for expanding its digital presence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In his inimitable style, the billionaire CEO of the nation’s largest mall owner had a blunt message for investors Tuesday (Nov. 1) saying that Simon Property Group’s core business is strong and seeing no slowdown in demand for physical space. Get the Full Story Complete...
The vendor financing business just got a bit more competitive as eCommerce leader Amazon announced Tuesday (Nov. 1) that it is launching a new merchant cash advance option it says is simple and flexible with repayment options that are tailored to the ebb and flow...
Victoria’s Secret has acquired digitally-native intimates brand Adore Me, a move designed to help the lingerie and beauty products retailer as it looks to expand its audience online and off. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Simplifying and streamlining checkout is an industry obsession, and it’s going to get more intense as retailers recognize the importance of the checkout experience to shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Consumers are increasingly looking to get as many of their needs as possible met online, and brands that fail to adapt risk falling behind. Consumer-packaged goods (CPG) giant Colgate-Palmolive, for one, has been looking to boost its digital performance across brands. Get the Full Story Complete...