Apple’s Mac Pro, which according to some reports is the tech giant’s most powerful computer, will debut in December at a retail price of $5,999. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
According to reports, the acquisition deal between Le Tote and Hudson Bay Company (HBC) for Lord & Taylor has officially closed, with Le Tote Chief Merchandising Officer Ruth Hartman appointed as president of the department store. The deal was reportedly worth 99.5 million Canadian dollars...
That the sharing economy has indelibly altered the travel vertical is inarguable. According to a study out last year, when Airbnb enters a new city, hotel booking rates in that city fall (on average) by 1.3 percent within the first year, while annual revenue falls by...
The numbers are in from Alibaba’s annual Singles’ Day online shopping event, and among the big winners are L’Oréal and Nestle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Retail involves all senses, but as a new decade approaches, it’s become clear that visual commerce is gaining even more steam. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Adidas announced Monday (Nov. 11) that it will be closing its robotic “Speedfactories” in Atlanta and Ansbach, Germany, within 6 months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Amazon has confirmed it will open a new grocery store next year in California, according to a report by CNET. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Reports out indicate that Walgreens Boots Alliance is considering an offer from private equity firm KKR & Co. to take the firm private. The deal, if it goes through, could represent the largest ever leveraged buyout. Get the Full Story Complete the form to unlock this...
The global market for glasses is a big industry that is still growing. As of 2015, the total worldwide eyewear industry (encompassing both prescription glasses worn for vision and “fashion” eyewear like sunglasses) was worth roughly $90 billion, and forecasted to reach as much as $140...
