It has been an enormously difficult year for restaurants, with mass layoffs and closures as lockdowns and economic downturns placed serious burdens on Main Street businesses. Aid has come in, where possible, from the traditional channels — small business loans and grants — but for...
The supply chain is where the speed and convenience of digital-first meets the slow going of logistics and last miles. There’s a long (often literal) road that physical goods must travel before they get to merchants’ shelves — or, as is increasingly the case, the...
With 31 million daily playing and paying users in 180 countries, you’d think gaming platform Roblox would be more of a household name, that is, outside of its core 5- to 13-year-old demographic and the 1 million IT developers who populate its digital stable of...
German sportswear giant Adidas said Wednesday (March 10) it plans to double its eCommerce business over the next five years as it shifts to a direct-to-consumer (D2C)-led strategy focused on 12 global megacities and increased focus on attracting more women while improving its sustainability. Get...
Build-A-Bear Workshop, Inc. reported as part of its financial results that consolidated eCommerce demand surged by 104 percent in the fourth quarter of 2020 compared to the fourth quarter of fiscal 2019, according to a Wednesday (March 10) announcement. Get the Full Story Complete the...
As the old saying goes, “why buy the cow, if you can get the milk for free?” In Bentonville, Arkansas, it’s applicable to Walmart these days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Express, Inc., which runs more than 500 retail and factory outlet stores in the U.S. and Puerto Rico, reported as part of its financial results that comparable sales were down 27 percent for the fourth quarter, according to a Wednesday (March 10) announcement. Get the...
Consumers’ dining habits have shifted enormously in the last year — not only logistically, due to contagion concerns, but also food-wise, due to their changing appetites. Given the emotional stress of the year, consumers have been looking for foods that make them feel good, whatever...
In today’s top retail news, CarParts.com, Inc. reported a surge in sales in the fourth quarter of 2020, while Target is debuting a new food and beverage brand focused on indulging and snacking. Plus, Stitch Fix said it swung to a $21 million loss last...
