Ten years and 50 million “fixes” later, the founder of online styling service Stitch Fix says new clients and expanded product offerings will see the company’s best days ahead. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
By the numbers, the scope of the digital shift is impossible to ignore. 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 our daily newsletter, PYMNTS Today....
Amazon is taking a new tack in its crusade to raise the federal minimum wage, by noting the rising economic clout that the increased paychecks of its 1 million-plus employees is having on local small and medium-sized businesses (SMB) and in turn the broader economic...
Even as it expands its online presence, Walmart has struck a deal with GNC, the health and wellness company, to sell its products in the retail giant’s store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
When Etsy announced its $1.6 billion acquisition of U.K.-based secondhand fashion reseller Depop last week, it was framed traditionally, as many sizable deals are: two like-minded companies coming together to enjoy the benefits of scale from their shared synergies and cultural values. Get the Full...
G-III Apparel Group is growing bullish on 2021, as the company racked up first-quarter results showing a turnaround from the previous year. The company also made some big changes by closing its Wilsons Leather and G.H. Bass stores. Get the Full Story Complete the form...
USR Parent, the corporate parent of Staples office supply stores, said Friday (June 4) that it has formally offered to pay $1 billion for the businesses operating as Office Depot and Office Max, according to a press release. Get the Full Story Complete the form...
In today’s top retail news, Five Below and Zumiez each separately announced soaring net sales. Plus, lululemon athletica inc. said it is seeking to grow its inventory. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Zumiez, which sells clothing, shoes, equipment and accessories, reported that its net sales surged by approximately 103 percent from Q1 2020 to Q1 2021, according to an announcement. By contrast, the retailer reported that Q1 2021 net sales climbed approximately 31 percent from Q1 2019....
