H&M Group on Tuesday (March 15) announced its net sales for the first quarter of fiscal 2022 were up 23% year over year, finishing the three-month period ending Feb. 28 at 49.166 million SEK ($5.12 million), although that number might change when the full earnings...
It’s tough out there right now and economic uncertainty and rising prices are clearly making life difficult for retailers and consumers who have already endured two traumatic years of life under COVID. Get the Full Story Complete the form to unlock this article and enjoy...
It is a quintessential David vs. Goliath fight, only in this case David is a clever personal products inventor and Goliath are the toothpaste titans of the multibillion oral care industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Today in retail, SoftBank sells $1 billion in shares of eCommerce platform Coupang while brand aggregator Flummox raises $12.9 million to invest in its portfolio. Plus, Walmart invites innovators to apply for its ninth annual Open Call event, Amazon’s share of eCommerce hits an all-time...
Standard Chartered Plc., a London-based global financial services company, said its Kenyan branch will focus on the East African nation’s retail sector, Bloomberg reported Monday (March 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s belt-tightening time, pretty much for everyone. 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. By completing this form, you agree...
Walmart on Monday (March 14) opened the application period for its ninth annual Open Call event, a major driver of products and innovation for the largest retailer in the U.S., as it looks to add more merchants to its marketplace. Get the Full Story Complete...
At a time when the U.S. barometer of inflation — the Consumer Price Index — is running at a 40+ year high of 7.9% and attracting more attention and scrutiny than it has seen in decades, British bureaucrats have beat America to the punch by...
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