Sporting goods and apparel company BSN Sports is set to acquire high school and college athletic wear provider Eastbay Team Sales from Foot Locker, the company announced in a press release Monday (June 27).Terms were not disclosed. Get the Full Story Complete the form to...
A consumer advocacy group says three of Australia’s largest retailers are using “unreasonably intrusive” facial recognition technology on their shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Candymaker Mars Inc. has filed for an NFT trademark for its M&M brand, the latest food company hoping to bring its product into the metaverse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Today in retail, U.S. senators are trying again to get support for Payment Choice Act, while H&M closes its Shanghai, China, flagship location amid supply chain issues and backlash over lack of Xinjiang cotton use. Plus, Amazon and Walmart lean on high-tech solution as recession...
After closing out a record fourth quarter and fiscal full year, FedEx turned its sights on the year to come, telling investors that it does not foresee a recession but is expecting low single-digit volume growth in package deliveries led by continued outperformance of its...
Fashion retailer H&M has closed its Shanghai, China store, the latest move in that nation after consumer demand is flagging as the country has just begun to lift restrictions related to the COVID-19 pandemic and shoppers are fighting back against companies that won’t use Xinjiang...
At a time when the auto retail market has been getting hammered by rising interest rates and fuel costs, used auto retailer CarMax has put more of the power in the hands of its growing customer base in the first quarter of fiscal 2023, the...
By most measures, Amazon and Walmart’s latest response to the economic crisis seems logical, if not inevitable. 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...
LincTex Digital, a Chinese company that makes virtual try-on technology for fashion retailers, has raised $100 million in a new funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
