In an online food delivery service market that is becoming more crowded, some of the largest operators of restaurants are renegotiating with the firms that bring takeout to consumers. While restaurants were once fast to sign up for delivery services, they are now seeking lower...
It’s summer — finally — and that means most college students are back home on break, thinking of beach time and extra cash, and gearing up for the next set of classes. Retailers, too, have higher education on their minds. Freshly graduated high school seniors,...
Airports are providing luxury brands with access to consumers with extra time on their hands who want to buy unique and unusual items they can’t find near their residences. These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping...
In his next move, former NBA player Shaquille O’Neal wants to buy the legendary footwear company Reebok. The sports star has created an empire with car washes, gyms and restaurant franchises, among other businesses, CNBC reported. Get the Full Story Complete the form to unlock...
With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. The moves come as branches...
Amazon has announced that it has expanded AmazonFresh to Las Vegas. Prime members in Las Vegas can now shop tens of thousands products from meat and seafood to fresh produce and everyday essentials for one- and two-hour delivery from AmazonFresh. Get the Full Story Complete...
To compete in the grocery wars and gain market share from competitors such as Aldi, Amazon and Walmart, supermarkets are bolstering their private-label efforts. One of Kroger’s most powerful competitive advantages is the company’s own brand products, Chairman and Chief Executive Officer Rodney McMullen said...
Mexican antitrust regulators blocked Walmart’s plans to buy delivery app Cornershop, according to a report by Reuters. 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...
When Jerome Griffith took over the helm at Lands’ End as CEO two years ago, he had been on the verge of actual retirement. But when the opportunity to take over at Lands’ End came up, he decided to extend his tour of duty in...
