Walmart is still seeking the right combination of fashion and home, while its online shopping initiatives have been rewarded with an eCommerce grocery purchase boon. Marc Lore, who is Walmart’s U.S. eCommerce business president and chief executive officer, said the merchant is dedicated to providing...
At first it would seem to be a contradiction in terms. But Foxtrot, a small company out of Chicago, is reinventing convenience store retail and taking it uptown. As of last week it has $17 million in its coffers to achieve that mission. Get the...
Before nutrimeals set up an automated retail solution to distribute prepared meals to consumers, the company was delivering food to customers in Calgary and across Western Canada, but it knew from the beginning that it wanted to have kiosks, Co-founder Grace Clark told PYMNTS in an interview....
As it faces a competitive retail market, Groupon Inc. intends to discontinue its sale of merchandise by the close of 2020. The firm plans to move from its current deal-focused approach to concentrate on local experiences, such as local painting classes or wine-tasting dinners, as...
Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to trim billions, the Financial Times reported Tuesday (Feb. 18). Get the Full Story Complete the form to unlock this article...
You better eat your Wheaties. At an average of $3.74 a box, even with Russell Wilson or Serena Williams on the cover, it has been a staple of the General Mills cereal business as it competes for shelf space along with Kellogg’s Corn Flakes, Cheerios...
As the wellness trend has expanded and intermingled with the beauty and cosmetics industry, the term concept of “clean” beauty has increasingly risen to prominence. What exactly that term means can vary. For some firms it means they don’t test on animals, with other firms it...
In some ways, sleep and bedding retailer Essentia has the perfect Hollywood story. An epic one, actually. It has heartbreak, redemption, famous people, family ties and, of course, mattresses and pillows. Yet, while the story of one of its competitors is all over the news,...
Before Taylor Jones started Jonesbar, he had been subsisting on energy bars as he lived a busy professional and athletic life. And he had eaten many different varieties of them. “I’ve tried every single one under the sun,” he told PYMNTS in an interview. He was...
