Warehouse club operator PriceSmart, which runs 47 locations in 12 nations and one U.S. territory, said that total revenues for its third quarter increased by approximately 12 percent to about $895 million. Get the Full Story Complete the form to unlock this article and enjoy...
Warby Parker is looking to grow its brick-and-mortar presence before a possible initial public offering (IPO). An additional three dozen locations for the direct-to-consumer (DTC) eyewear brand will open by 2021’s conclusion, Bloomberg reported, citing the company. Get the Full Story Complete the form to...
Levi Strauss recorded better-than-expected revenue and profit in the second quarter, buoyed by accelerated omnichannel and eCommerce capabilities alongside consumer demand for refreshed wardrobes post-pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In today’s top retail news, Walgreens has grown its same-day prescription delivery service, while Harrods is collaborating with My Wardrobe HQ on apparel rentals. Plus, Bloomingdale’s new Bloomie’s store will concentrate on the customer experience. Get the Full Story Complete the form to unlock this article...
Chobani is going public, and it turns out yogurt may be a hotter commodity than any of us thought. The company confidentially filed for its initial public offering (IPO) on Wednesday (July 7), and its valuation, an insider told Reuters, could exceed $10 billion. Get...
Australia’s Afterpay, a buy now, pay later (BNPL) company, and Paris-based Unibail-Rodamco-Westfield, owner of Westfield shopping centers in the U.S., are teaming up to bring malls into the 21st century. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
When luxury department store chain Bloomingdale’s opens its new small-format store next month in Fairfax, Virginia, consumer experience will be front-and-center as the brand and parent company Macy’s work to find the best way to blend eCommerce with the in-store experience. Get the Full Story...
New data from the U.S. Bureau of Labor Statistics suggests that the retail industry’s labor shortage may last through the fall, cutting into one of the biggest shopping seasons of the year. Get the Full Story Complete the form to unlock this article and enjoy...
Executives at the company in charge of products for brands such as OXO, Revlon, Honeywell and Vicks had plenty of good things to say about the first quarter of their fiscal year, but rising supply chain costs and trouble with the U.S. Environmental Protection Agency...
