The head of the country’s largest movie theater chain, AMC Entertainment, said he is optimistic about the rapid rebound of the film industry and is confident that his beleaguered company will survive the worst storm in its 100-year history. Get the Full Story Complete the...
Surging online shopping during the pandemic saw Amazon’s share of retail sales spike higher last year and come within striking distance of overtaking Walmart, new data analysis from PYMNTS shows. The online giant’s 9.2 percent portion of overall retail spending now nearly matches the chain...
Kohl’s has unveiled its FLX private-label athleisure brand, which is available in over 300 brick-and-mortar locations and online. The retailer describes FLX as a brand for women and men that showcases “size-inclusive, stylish active and casual separates made with high-quality performance fabrics and functional details,”...
Revlon, Inc. reported as part of its financial results that as reported net sales dropped 10.4 percent in the fourth quarter of 2020 from the prior-year period, according to a Thursday (March 11) announcement. Get the Full Story Complete the form to unlock this article...
It has been an enormously difficult year for restaurants, with mass layoffs and closures as lockdowns and economic downturns placed serious burdens on Main Street businesses. Aid has come in, where possible, from the traditional channels — small business loans and grants — but for...
The supply chain is where the speed and convenience of digital-first meets the slow going of logistics and last miles. There’s a long (often literal) road that physical goods must travel before they get to merchants’ shelves — or, as is increasingly the case, the...
With 31 million daily playing and paying users in 180 countries, you’d think gaming platform Roblox would be more of a household name, that is, outside of its core 5- to 13-year-old demographic and the 1 million IT developers who populate its digital stable of...
German sportswear giant Adidas said Wednesday (March 10) it plans to double its eCommerce business over the next five years as it shifts to a direct-to-consumer (D2C)-led strategy focused on 12 global megacities and increased focus on attracting more women while improving its sustainability. Get...
Build-A-Bear Workshop, Inc. reported as part of its financial results that consolidated eCommerce demand surged by 104 percent in the fourth quarter of 2020 compared to the fourth quarter of fiscal 2019, according to a Wednesday (March 10) announcement. Get the Full Story Complete the...
