Ahold Delhaize, the parent of Giant Food and Stop & Shop chains that operates more than 2,000 stores in the U.S. and abroad, is looking to double its digital gains with major investments in its online platforms. On Monday (Nov. 15), the Zaandam, Netherlands-based global...
When Rue La La launched over a decade ago, it — along with Gilt — was a pioneer of the online flash sale, helping bring forth a trend that countless others have used to keep customers coming back. Get the Full Story Complete the form to...
For decades, luxury brands could only be found in luxury department stores, sold by retailers rather than the labels themselves. But with the growth of eCommerce allowing for more direct connections with customers, and therefore a more controlled brand message, that model may be obsolete,...
Skincare company Obagi and makeup brand Milk Makeup are joining forces through a special purpose acquisition company (SPAC) deal with Waldencast Acquisition Corp. — an acquisition-focused entity founded by two former L’Oréal execs — in a merger that puts their combined value at about $1.2...
Casper Sleep Inc. announced on Monday (Nov. 15) that it has agreed to be acquired by Durational Capital Management in a deal that will take the mattress company private. Durational Capital will pay $6.90 per share, a 94% premium over the closing price on Friday...
The ongoing supply chain shortage is leading grocery stores to look for ways to cover up gaps on the shelves, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top retail news, Warby Parker has laid out plans to expand its offerings and move beyond just the glasses it has become known for, while Coupang said its third-quarter revenue grew faster than the overall Korean eCommerce space. Also, overall growth for merchants...
Direct-to-consumer (D2C) eyewear retailer Warby Parker laid out plans to vastly expand its offerings and market share in the coming years, as it tries to move beyond simply selling glasses and into a full-scale eye care company. Get the Full Story Complete the form to...
Having a baby is one of the most exciting, and perhaps most stressful, times in a person’s life. Beyond just having another human being besides yourself to take care of, every bottle, pacifier and rattle purchased feels like a consequential decision, with myriad opinions from...
