In today’s top retail news, Home Depot reported that its fourth-quarter revenue surged 25.1 percent, while Walgreens is growing its on-demand delivery offerings with Instacart. Plus, three-month-old California startup Finesse is taking on the fashion sector. Get the Full Story Complete the form to unlock...
The announced combination of Goodyear and Cooper Tire, the largest and fifth-largest tire manufacturers in North America, is set to not only increase competition with foreign and domestic rivals, but also raise the bar in the lucrative aftermarket retail services sector. Get the Full Story...
A three-month-old Los Angeles-based startup is using data analysis, artificial intelligence (AI) and 3D imaging to take on the traditional fashion industry, by only making clothes that people actually vote to wear — for a fraction of the cost and none of the waste. Finesse.us...
Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising delivery costs. The retailer also forecast that its eCommerce business would hit $10 billion by 2023. The company, best-known for...
Walgreens is growing on-demand delivery offerings with the help of Instacart to those who live in Illinois. The pharmacy retailer has intentions to launch the service throughout the country to almost 8,000 retail locations in future weeks, according to a Tuesday (Feb. 23) announcement. Get...
Home Depot said Tuesday (Feb. 23) its fourth-quarter revenue rose 25.1 percent, capping a record-breaking year of sales and earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Thirty-three years ago, in 1988, in Washington, Missouri, the first Walmart Supercenter opened its doors. The store concept itself took a page from the European hypermarkets, which had begun dotting the suburban landscapes there in the mid- to late-1960s — a vast physical store footprint...
In today’s top retail news, Camping World Holdings said it struck a deal to purchase Lee’s Family Trailer, while Foxtrot Market has landed $42 million in Series B growth investment. Plus, new data indicates that Amazon Prime keeps outpacing Walmart+. Get the Full Story Complete...
Earlier this month, the RESTAURANTS Act, which would dedicate $120 billion to restaurant relief, was reintroduced in Congress by a bipartisan group of senators, as reported by Restaurant365. The bill is a follow-up to the RESTAURANTS Act of 2020 that was introduced last June, which...
