Consumers, particularly those who are environmentally conscious, love locally-grown food. Better for the planet, better for local farmers and (devotees report) better tasting, “eating local” has become something of a trend in consumption over the last several years. Get the Full Story Complete the form...
In a report that studied the impact of artificial intelligence (AI) on retail, Juniper Research estimates that retail sales stemming from interactions with chatbots are set to reach $112 billion by 2023. The firm also noted that chatbot interactions are set to skyrocket from a...
The internal frame backpack — beloved by students, hikers and itinerant types all over the world — first entered the market in its modern form in 1967 when it was introduced to the world by its inventor, Greg Lowe. In the intervening 52 years, the...
With a push to improve search and discovery on its platform, Etsy beat analysts’ earnings estimates for the first quarter, but fell short on top-line revenues. The arts and crafts marketplace reported revenues of $169.3 million and earnings per share of 24 cents compared to...
If you can’t beat ‘em, join ‘em – so goes the motto for pragmatic surrender. In retail, the corollary to that might be if you cannot survive on your own in a world dominated by the likes of Amazon, join its influential and often very...
Helping Hostess earn a spot on JPMorgan’s Analysts Focus List, the industrial baker — and maker of Twinkies — is reportedly experiencing a rebound of sales at Walmart. JPMorgan increased its price target to $16 by $2, which already had an overweight rating on the...
Small businesses might be optimistic about the future. In the accommodation and food services industries, they are also ready to innovate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In one of the biggest recent cases of an established firm buying an eCommerce rival, Edgewell Personal Care reportedly plans to buy shaving startup Harry’s. The anticipated deal is said to be for roughly $1.37 billion in stock and cash, The New York Times reported....
Carrefour SA is considering selling off its Chinese business, and has even reportedly reached out to potential buyers. 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...