Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24 percent for the first quarter of 2021, according to a Tuesday (April 20) announcement. Get the Full Story Complete the...
While almost all consumers rely on grocery shopping to meet their daily or weekly needs, grocery buying behavior can vary enormously across demographics. After all, you can imagine that the needs of a 32-year-old Imperfect Foods subscriber living in New York City look very different...
The Chinese delivery leader Meituan is aiming to raise roughly $10 billion to compete with companies like Alibaba. According to Bloomberg, Meituan is looking to raise this revenue by selling stock and convertible bonds, the largest-ever sale of new shares by a company listed on...
“When you are finished changing, you are finished,” founding father Benjamin Franklin said long before being immortalized on the $100 bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Bed Bath & Beyond has rolled out the second of eight owned brands that it plans to debut or revamp in fiscal 2021. Haven, a collection of bath essentials, is available exclusively at the retailer beginning on Monday (April 19), according to a company announcement....
The iconic motorcycle manufacturer Harley-Davidson said on Monday (April 19) that strong retail demand, reduced dealer inventories and fewer loan write-offs drove better-than-expected first-quarter results, as well as an increased forecast for the year. Get the Full Story Complete the form to unlock this article...
In the face of a consumer safety recall following the death of a child on one of its treadmills, Peloton said in a press release that “there is no reason to stop using” its Tread+ connected fitness treadmill “as long as all warnings and safety instructions...
Embroiled video game retailer GameStop has confirmed speculation that CEO George Sherman will be leaving the company by July 31 — or sooner, if a successor is named. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The cross-currents around the pandemic and the impending recovery continue to swirl. As of April 17, 85 million Americans had been vaccinated. Yet, new strains of the virus and anti-vaxx protests have put some states smack in the middle of the pandemic including North and...