Four consecutive months into positive consumer spending trends, one wonders if there might be — indeed must be — a lull, a pullback that might indicate a tougher road ahead for retailers headed into the all-important holiday spending season. Get the Full Story Complete the...
U.K. retail chain New Look made headlines this week for striking a deal to effectively receive a three-year rent holiday on 68 of its stores and massive rent reductions on more than 400 others. The deal allows the struggling apparel seller to potentially stay alive and keep roughly...
Kohl’s Corporation decreased its corporate headcount by roughly 15 percent as it took different measures to “further align its cost base” in response to the impact of the coronavirus on its business, according to an 8-K filing with the U.S. Securities and Exchange Commission (SEC)....
Talk about reinventing the wheel. Meet Shark Wheel, a company that has literally invented a wheel that’s not round and added some innovation to the eCommerce space by partnering with a new one-click checkout system. Get the Full Story Complete the form to unlock this...
Retail sales increased in August to $537.5 billion, up 0.6 percent, according to data published on Wednesday (Sept. 16) by the U.S. Census Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As it approaches what some refer to as a potential boiling point with suppliers, Walmart Canada has begun to impose additional charges on them starting Monday (Sept. 14). Vendors have been resisting in meetings with the retailer after it unveiled the new charges, while a...
When stay-at-home orders first went out in mid-March, consumers didn’t really see it as the start of a major shift in their lives. Most thought the pandemic was going to be a short-term event. But fast forward to mid-September and the lay of the land...
Walmart watchers are out in force today with the launch of subscription service Walmart+. While it has been widely touted as a hedge against Amazon Prime’s runaway growth, when the two programs are stacked side by side, something doesn’t add up. Get the Full Story...
As an organic mattress company, Naturepedic has its share of competitors. But in terms of founder credibility, it might stand on its own. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
