The Habit Restaurants is now owned by Yum! Brands, which also claims Taco Bell, Pizza Hut, Kentucky Fried Chicken and other luminaries of American fast food under its belt, according to a release. Get the Full Story Complete the form to unlock this article and...
For most retailers, this virus thing is starting to hurt. In fact, the current situation now has a nickname, courtesy of analysts at Jefferies: Closeageddon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Believe it or not, there will be a time when the phrase “retail resurgence” replaces “store closings.” And research from Nielsen says it may come from retail technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In normal times consumers look for three things from a retailer: price, product and location. Although there’s no survey to prove it yet, a new factor has likely risen to No. 1 amid the coronavirus crisis: trust. In fact, a pre-crisis PwC report showed that...
With a device that is reportedly quicker and more powerful than most PC notebooks, Apple has unveiled its “most advanced” iPad Pro. The tech company said in an announcement that the tablet, which is available for purchase beginning today on its website, comes with studio-quality...
As consumer spending started to decelerate prior to COVID-19 containment measures, U.S. retail sales declined last month in the biggest drop in a year. Commerce Department data indicated that the value of overall sales decreased 0.5 percent from the month before following a 0.6 percent...
Costco has announced the purchase of logistics company Innovel Solutions, which was owned by Sears parent company Transform Holdco, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The luxury business is going the distance for COVID-19. While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some luxury brands are switching manufacturing to assist in the coronavirus crisis. For example, LVMH, which owns high-end brands Louis Vuitton,...
As more customers shop online and upgrade their cellphones less often, stores like Dixons Carphone Warehouse are feeling the crunch, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
