The COVID-19 pandemic has dramatically changed consumers’ dining habits, as many have grown accustomed to enjoying restaurant meals from the comfort of their own homes where previously they may have dined on-premises. McDonald’s, for one, has seen its drive-thru locations perform significantly higher than its...
Apparel giant Levi Strauss said it sees its first-half revenues rebounding 25 percent and plans to open new stores to take advantage of a “commercial real estate tsunami” that has led to record-high mall vacancy rates. Get the Full Story Complete the form to unlock...
When it comes to delivering packages, what’s not to love about quiet, fast, cheap and green? 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 daily...
San Diego-based PriceSmart, which owns and runs warehouse clubs in Latin America and the Caribbean, said its total revenues for the second quarter of fiscal 2021 climbed 3.4 percent. PriceSmart posted 92 cents per diluted share in net income attributable to the company on total...
Handy, an operating business of Angi Inc., has partnered with luxury real estate development company Gotham Properties to let tenants hire a Handy professional for home services work such as in-home furniture assembly, according to a Friday (April 9) announcement. Get the Full Story Complete...
Two brick-and-mortar Amazon grocery stores are near opening in the Washington, D.C. region. The retailer unveiled plans to bring part-time and full-time workers onboard at the locations, WTOP reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Demand for online grocery solutions remains high, as consumers who have grown accustomed to the safety and convenience of delivery continue to seek out eCommerce options. Industry experts predict that the demand for online grocery will persist even once the contagion concerns of the pandemic...
In today’s top retail news, StockX wrapped up financing that gave the company a $3.8 billion valuation, while The Buckle, Inc. reported a 240.2 percent net sales jump. Plus, Ryan Cohen has been nominated to become GameStop’s next chairman. Get the Full Story Complete the form...
Last year at this time, finding a roll of toilet paper on a supermarket shelf felt like winning the lottery. Items that shoppers would have taken for granted in February — rice, pasta, hand soap — became sought-after commodities in March. Get the Full Story...
