For most U.S. consumers, Lookiero is probably not all that familiar a name, as the Spain-based firm founded in 2015 operates entirely in the European Union — specifically in the U.K., France, Spain, Luxembourg, Belgium and Italy. But even if the name is not familiar...
As autumn kicks in, retail trends are playing out that will have an impact on not only the 2019 holiday shopping season, but also commerce innovation in 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
College students may find it challenging to do laundry between attending classes, studying for exams and working at their jobs. Washing, folding, and drying clothes takes precious time that today’s students might not have with all of their day-to-day responsibilities. The Laundry Chute aims to...
Ahead of its investors meeting, Best Buy said it is looking for revenue of $50 billion by fiscal 2025. The electronics retailer also intends to have $1 billion of additional efficiencies as well as cost reductions over the next five years, while still aiming for...
Founded over a decade ago, Groupon started its existence as one of a wave of flash sale sites that suddenly flooded that market in the early 2010s. The flash sale fad burned bright and hot, but ultimately its flame was short-lived. A product of the...
Can a person’s ear serve as one of the next frontiers of retail innovation? It might not be as far-fetched as it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When Barnana Founder and Chairman Caue Suplicy was growing up in the south of Brazil, he ate dehydrated bananas. He didn’t eat any refined sugars, or sugars per se unless they were in dried fruits. And, as his dad was dehydrating fruits at home, he ate dried...
With digital as an important growth driver for the sportswear brand, Nike reported quarterly estimates per share that beat The Street’s most bullish estimate. The beat comes after the company came out below the consensus earnings estimate last quarter, Bloomberg reported. Get the Full Story...
In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. Inspire Brands is backed by private equity firm Roark Capital Group, which owns other notable restaurant brands such as...
