Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects consumer demand will continue to weaken through the end of the year. Get the Full Story Complete the form to...
RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Today in food commerce, Sharebite raises $39 million in its Series B funding round and Israel-based computer vision company Trigo announces an autonomous grocery store in partnership with German supermarket chain Rewe. Plus, General Mills notes that, with rising prices, consumers are shifting away from...
The rumors are false and the bargain remains. Costco’s $1.50 hot dog, a food court steal that comes with a 20-ounce soda, is staying the same price, just as it has since 1985, according to multiple reports. Get the Full Story Complete the form to...
After a three-year test drive in over 3,300 of its stores, Walmart said Wednesday (June 29) that it is acquiring California-based tech firm Memomi to bring its virtual optical try-on solution technology in-house. Get the Full Story Complete the form to unlock this article and...
The world’s largest eCommerce player is looking to capitalize on its budding basket of physical stores by selling data to brands that details which products customers in its contactless locations touch, purchase, pass up and more. Get the Full Story Complete the form to unlock...
Fashion retailer H&M says it expects to raise prices in the coming year following a report that shows its shoppers don’t mind paying full price. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Bed Bath & Beyond has replaced its CEO, the retailer announced Wednesday (June 29) in the wake of another disappointing earnings report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Israel-based computer vision company Trigo, which works on frictionless retail checkout, has debuted a new hybrid autonomous grocery store alongside Rewe, a German supermarket group, the companies announced Tuesday (June 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
