With a successful Singles Day in the books for Alibaba, last week was a referendum on the spending power and preference for Chinese consumer. This week is a referendum on the U.S. consumer’s spending power as Kohl’s, Walmart, Macy’s, Target and other brick-and-mortar-based retailers report...
Simon Property Group, Inc. and Taubman Centers, Inc. have changed their merger price to $43 per share in cash, according to a press release from Simon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Home Depot, the Atlanta-based home improvement retailer, has entered into a definitive deal to buy a national distributor of maintenance, repair and operations (MRO) items in the apartment and hospitality end markets. Get the Full Story Complete the form to unlock this article and...
Retailers around the country are reinstating measures intended to counter the spread of COVID-19, CNBC reported. 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...
The word “nostalgia” entered the English language by way of ancient Greek. “Nostos” means “home” and “algos” means “pain.” It was invented to describe feeling homesick. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Walmart is extending most of its stores’ hours beginning Saturday (Nov. 14) – adding an hour or more of shopping time just in time for the holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Given that 90 percent of new car purchases and half of used car purchases are financed, it’s no surprise that the lifestyle changes and digital shift brought on by the pandemic have disrupted auto loans, that age-old corner of the vehicle industry. Whether a car loan...
Target has canceled its subscription service, a foray into bulk discount purchasing launched seven years ago. Through the service, Target customers were able to automatically reorder items in bulk while earning a 5 percent discount, with the items shipped their homes. Get the Full Story...
Consumers are flocking to shopping areas in India’s major cities and towns in advance of Diwali, India’s festival of lights, this Saturday (Nov. 14), boosting optimism among business owners while also stoking concerns over the potential for a rise in coronavirus cases, reported AP News....
