Since it was first launched in September 2020, the exact intent and purpose behind Walmart+ has been a bit of a moving target. At launch it was hyped as an Amazon Prime competitor, but the lack of a streaming entertainment element rendered that comparison to...
Foxtrot Market has landed $42 million in a Series B growth investment through a round headed up by Monogram Capital Partners and Almanac Insights. A number of additional investors took part in the company’s Series B round, according to a Monday (Feb. 22) announcement. Get the Full...
Macy’s may sell more stuff, but when it comes to store count, Kohl’s is second to none, with 1,100 locations in its portfolio. It’s a real estate reality that has caught the eye of activist investors looking to ride the Wisconsin-based chain to new heights,...
Camping World Holdings, Inc. said on Monday (Feb. 22) that it has inked a deal to purchase Lee’s Family Trailer in Windham, Maine. The deal is expected to close in April of this year. This will be the first of at least two of the...
A group of activist investors has nominated nine new directors to the board of retailer Kohl’s, a Wall Street Journal (WSJ) report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to the same period in 2019, the Census Bureau of the Department of Commerce reported on Friday (Feb. 19). Get the...
The last mile can often be the most taxing — and in logistics, customers’ expectations continue to intensify when it comes to shipping and delivery. The same applies on the reverse end of the logistics chain, as online shoppers seek easier ways to return items,...
Ghost kitchens, which are delivery-only restaurants with no storefront, continue to grow more popular, as consumers grow increasingly comfortable using restaurants’ mobile apps and meal aggregators to provide safe, convenient meals to eat at home. Now, household-name celebrities are getting into the delivery-only game, with...
It’s an understatement to say that the pandemic has produced major operational changes for QSRs. Restaurants have been shifting their focus to digital, improving drive-thru and pickup options, and adopting new technologies to enable COVID-safe transactions. While these adaptations have been vital to businesses’ mid-pandemic...
