In today’s top retail news, Rent-A-Center, Inc. has closed on its acquisition of Acima Holdings, while Tanger Factory Outlet Centers, Inc. announced that it has collected 95 percent of Q4 rents. Also, Batteries Plus has revealed plans to open 50 new retail locations this year....
Blue Apron has had a strong year, as homebound consumers turn to meal kits to enjoy fresh cooking without the risks and inconveniences of grocery shopping. In the fourth quarter, net revenue rose 22 percent year over year to $115.5 million, per a company announcement...
For over 30 years, Batteries Plus has been growing and adapting to meet customer needs. Management says its resilience during downturns such as the COVID crisis has stoked demand from franchisees, and the retailer has now announced plans to open 50 new stores this year....
Just two weeks after Tractor Supply Company reported record full-year sales and earnings plus announced a 30 percent increase in its dividend, the rural lifestyle retailer is making waves again by announcing the largest acquisition in the company’s 83-year history. Get the Full Story Complete...
Calling it a strong year filled with unprecedented challenges, Walmart said on Thursday (Feb. 18) that it was going to increase and accelerate its investment in key digital areas to help it grow faster by increasing automation and supply chain capacity. Get the Full Story...
Tanger Factory Outlet Centers, Inc. reported as part of its financial results for the three months and the year ended Dec. 31, 2020 that it collected 95 percent of Q4 rents, according to an announcement. Get the Full Story Complete the form to unlock this article...
Rent-A-Center, Inc. has closed on its purchase of Acima Holdings, which had been announced in the past, according to a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The latest volley of retail spending data shows that the worst is behind us regarding the pandemic’s drag on consumers. Maybe. Or it could be that the stimulus payment stimulus may soon fade. To that end, retail sales were up 5.3 percent in January, over...
As most restaurant owners know, not all orders are created equal. A $30 order could be just that — a small, one-time profit — or it could be a jumping-off point for years of loyalty to come. In this month’s edition of PYMNTS’ Delivering on...
