As it acclimates to the effect of the coronavirus pandemic, Ulta Beauty has reduced its field management and corporate headcount, the Chicago Tribune reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
After encountering strong resistance from the government of France, Alimentation Couche-Tard has scrapped an approximately $20 billion effort to buy Carrefour SA, Reuters reported. Alimentation Couche-Tard said in a statement that “preliminary discussions around a transaction” were “no longer continuing.” However, the companies opted to extend...
Every year for the last 110 years, members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. This week, NRF’s Retail’s Big Show, as it is commonly referred to, will...
Sales of alcohol soared during the early weeks and months of the pandemic, but a wellness vibe seems to be taking hold as “mocktails,” once a meager category, experiences a major growth spurt, according to the Financial Times and other news outlets on Friday (Jan....
Despite the ongoing pandemic, retail holiday sales were 8.3 percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Serial entrepreneur and Jet.com Founder Marc Lore is retiring as Walmart’s CEO of eCommerce to help startups and write a book while pursuing his passion of developing a city of the future. Get the Full Story Complete the form to unlock this article and enjoy...
The momentum of the new pandemic surge was too much for consumer spending to overcome, according to new data released Friday (Jan. 15). With infection rates climbing, consumers tightened the reins on their spending in December, despite it being the peak of the holiday shopping...
Amazon unveiled Alexa Custom Assistant on Friday (Jan. 15), a product that allows companies to create customized artificial intelligence (AI) assistants to match their “brand personality” and meet their clients’ needs, according to an announcement. Get the Full Story Complete the form to unlock this...
Trader Joe’s, Dollar General and other companies that employ thousands of front-line hourly or gig workers have announced plans to pay bonuses to those who get the new COVID-19 vaccines. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
