With slowing growth in the company’s Vrbo short-term rental business, Expedia Group Inc. missed estimates for its first-quarter revenues. The travel company’s sales were $2.61 billion compared to the Street’s estimates of $2.69 billion, Bloomberg reported. Vrbo’s revenue growth was 14 percent compared to 20 percent last...
Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart, for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. The move comes the company is investing in refurbishing...
Shake Shack shares rose as much as 9.7 percent in late trading after the burger chain reported sales that beat estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Hair color is big business – particularly in the United States, where 85 percent of women report coloring their hair in some fashion. How they do it varies. About 48 percent trek to a salon to have their locks dealt with by professionals, while about...
To provide customizable meal plans for dogs, eCommerce innovators are offering freshly cooked meals delivered to consumers through the subscription business model. Pet Plate, in one case, is a service based on the profile of each dog. “We develop a meal plan that fits to...
It almost served as a milestone for meal kit retail earlier this week when, on Tuesday (April 30), Blue Apron said that, on an adjusted EBITA basis, it achieved probability “of $8.6 million in the first quarter of 2019, with an improvement of $25.8 million year over year...
With efforts to bring convenience to its guests through mobile technology, Dunkin’ Brands reported first-quarter results that beat analysts’ top-line and bottom-line earnings estimates. The quick-service restaurant (QSR) chain, which counts brands such as Dunkin’ and Baskin’ Robbins in its roster, reported revenues of $319...
Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. markets. Customers can place their beer orders via the 7Now app. A company statement revealed that a section of the app called “The Beer Necessities” will offer “everything from traditional beers to craft...
In a world where wellness has become a well-loved buzzword, it is perhaps unsurprising that sleep has become such big business. Sleep aids are big money. In 2017, it was a $69.5 billion business worldwide, and according to industry watchers, that figure is on track to grow...