The past three months of runaway inflation, rising interest rates, worries about the war in Europe and the gloomy bear market at home may not have been branded with a fitting nickname yet but they surely will never be forgotten — especially by the nation’s...
In just 10 short months, former Apple executive and “Genius Bar” creator Ron Johnson rode his mobile store startup Enjoy Technology from the cash-drenched hills of Palo Alto to ringing the opening bell at the Nasdaq in Times Square, to the U.S. Bankruptcy Court in...
Kohl’s announced Friday (July 1) that it was ending negotiations to put itself up for sale, citing a financing and retail environment that had “significantly deteriorated.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As food-at-home prices skyrocket and retailers absorb some of these rising prices in an effort to avoid losing shopper loyalty, many are seeking other ways to boost their profit margins. Some, for instance, are expanding their marketing opportunities for brands, offering higher-value in-store and online...
In a year that has seen Amazon blog about its voice-powered Alexa device 28 different times as part of its effort to grow its overall ecosystem of connected devices, the eCommerce giant has finally taken on the 800-pound eavesdropper in the room. Get the Full Story...
There was a time when autonomous checkout was a little-known, cutting-edge technology only being tested in small-format convenience stores. Today, a range of leading grocers around the world have been testing out the checkout method in full-format supermarkets, and many consumers are familiar with the...
Walgreens wants to double the number of prescriptions being filled by its robot-powered micro fulfillment centers, the pharmacy chain’s chief executive said Thursday (June 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects consumer demand will continue to weaken through the end of the year. Get the Full Story Complete the form to...
RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
