Vehicle retailer AutoNation is feeling the pinch from inflation and bracing for next week’s Federal Reserve decision to boost interest rates as much as a full point, according to its 2022 second-quarter earnings report released Thursday (July 21). Get the Full Story Complete the form...
Mattel has inked a multi-year deal with spacecraft engineering company SpaceX that will see the iconic toymaker launch products “that inspire children and collectors alike to tap into their inner space explorer,” according to the joint press release Tuesday (July 20). Get the Full Story...
Macy’s on Wednesday (July 20) announced it’s opening four small-format stores outside its traditional mall locations, including Market by Macy’s — which features curated fashion collections — and a combo Market by Macy’s and Macy’s Backstage discount retail location. Get the Full Story Complete the...
Discovery eCommerce startup Flip raised $60M in a Series B funding round that puts its valuation at $500 million as the company expands its social commerce platform and strengthens brand relationships. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As skyrocketing food prices have cost-conscious consumers seeking lower-cost alternatives, The Kroger Co. is expanding the capacity of its ready-made meal and meal kit delivery business, Home Chef. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
eCommerce marketplace Wish has teamed up with the United Kingdom’s largest retail parcel network, Collect+, to simplify and accelerate the pick up, delivery and return of packages nationwide, a Wish spokesperson told PYMNTS via email, in a deal that will more than double the company’s...
It’s being branded as a “Klarna Oasis,” a two-day pop-up store a few blocks off the Sunset Strip in West Hollywood that marks the embattled buy now, pay later (BNPL) FinTech’s first push into physical retail in the second largest city in the country. Get the Full...
India’s National Company Law Tribunal has sent Future Retail into bankruptcy, despite claims by Amazon’s local division that the move was part of a conspiracy to make the once-mighty retailer insolvent. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Honest Company, the baby and beauty product brand founded by Jessica Alba, has expanded its distribution to Walmart. 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...
