College students may find it challenging to do laundry between attending classes, studying for exams and working at their jobs. Washing, folding, and drying clothes takes precious time that today’s students might not have with all of their day-to-day responsibilities. The Laundry Chute aims to...
Ahead of its investors meeting, Best Buy said it is looking for revenue of $50 billion by fiscal 2025. The electronics retailer also intends to have $1 billion of additional efficiencies as well as cost reductions over the next five years, while still aiming for...
Founded over a decade ago, Groupon started its existence as one of a wave of flash sale sites that suddenly flooded that market in the early 2010s. The flash sale fad burned bright and hot, but ultimately its flame was short-lived. A product of the...
Can a person’s ear serve as one of the next frontiers of retail innovation? It might not be as far-fetched as it seems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When Barnana Founder and Chairman Caue Suplicy was growing up in the south of Brazil, he ate dehydrated bananas. He didn’t eat any refined sugars, or sugars per se unless they were in dried fruits. And, as his dad was dehydrating fruits at home, he ate dried...
With digital as an important growth driver for the sportswear brand, Nike reported quarterly estimates per share that beat The Street’s most bullish estimate. The beat comes after the company came out below the consensus earnings estimate last quarter, Bloomberg reported. Get the Full Story...
In a deal that would make it the fourth-biggest restaurant company in the country, Inspire Brands will acquire Jimmy John’s for a price that was not disclosed. Inspire Brands is backed by private equity firm Roark Capital Group, which owns other notable restaurant brands such as...
Ahold Delhaize is testing out a checkout-free micro store under its Albert Heijn grocery banner in the Netherlands. 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...
For those familiar with online dating, the challenge of standing out in a crowded field is nothing new. Hundreds if not thousands of think pieces have already been written about the game theory involved in choosing the right profile picture and composing the correct brief...