In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and athletic shoes drove record second quarter revenue, driven my double-digit gains in Merrell and Saucony, its top two brands. Get...
Continuing its efforts to remake the in-store shopping experience, Amazon is reportedly making a big addition to the number of locations using its Amazon One technology that lets customers pay by scanning their palms. Get the Full Story Complete the form to unlock this article...
The first store-within-a-store pilot locations from a partnership between Belk and Conn’s have opened in five Belk locations, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A Planet Fitness program that allowed teens to work out for free at the company’s gyms during the summer drew 3.3 million participants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Earnings season in an inflationary climate can be a drag, as brands continue to trim outlooks and reposition for a long fall and winter of lower demand and higher prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Positioning itself in a jewelry market that’s being impacted by the downturn in the economy, Signet Jewelers announced Tuesday (Aug. 9) that it is acquiring online jewelry retailer Blue Nile and that it has lowered its guidance for full fiscal year 2023. Get the Full...
Shares of online automotive platform CarGurus fell as much as 15% in extended trading Monday (Aug 8) after the Cambridge, Mass-based company said its sales for the current quarter would slow from Q2. Get the Full Story Complete the form to unlock this article and...
A growing number of organizations are working to make it easier for grocers to accept, and recipients to use, Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments, which are commonly known as “food stamps.” Get the Full Story Complete the form to unlock...
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