Home furnishings retailer Made.com on Tuesday (July 19) forecast a decline of 15% to 30% in gross sales this year, sending its stock price plummeting and signaling the era of big-ticket furniture purchases is over while a likely economic recession looms. Get the Full Story...
Swedish FinTech/buy now, pay later (BNPL) provider Klarna is set to open its American retail pop-up store in Los Angeles this weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
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For all the triumphs and records that fill the pages of sports history, those pages are also dotted with more than a few legendary upsets, errors and outright fails. Every fan has their own example, but these athletic unravelings are so culturally important that even...
H&M Group is “winding down the business” in Russia after pausing sales in the region in early March following the country’s attacks on Ukraine, according to a Monday (July 18) press release. Get the Full Story Complete the form to unlock this article and enjoy...
Buoyed by a successful relaunch of nostalgic toy store brand Toys R Us online in the past year, Macy’s said Monday (July 18) it is bringing Toys R Us to every U.S. store this holiday season, starting in late July and rolling out through mid-October,...
With rising crime rates, restaurants and grocery stores are revising their operations, including making changes to store hours and spending more on security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It only comes around once a year — National Ice Cream Day — it’s being celebrated on Sunday (July 17), and by happy coincidence, it aligns this year with the 100th anniversary of an iconic frozen treat, the Klondike Bar. Get the Full Story Complete...
As Amazon was busy handling 100,000 transactions per second at its eighth and biggest Prime Day sales event this week, it was Just Another Tuesday for rival Walmart which is two years into an omnichannel shift that will convert its 4,700 physical stores into rapid delivery micro-fulfillment centers. Get...