Foot Locker shares surged 5.96 percent on Friday (March 1) after the company beat Wall Street’s projections and reported same-store sales growth of 9.7 percent, more than double the expected 4.6 percent. Get the Full Story Complete the form to unlock this article and enjoy...
All Deborah Copaken really wanted was a warm coat. 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 newsletter, PYMNTS Today. By completing this form,...
Online marketplace eBay has agreed to review its StubHub and eBay Classifieds businesses, as well as appoint two new directors to its board, to avoid a proxy fight with activist investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amid Amazon’s efforts to grow its reach in the food space, the eCommerce retailer is reportedly looking to launch grocery stores in multiple big U.S. cities. The company is reportedly aiming to open a location in Los Angeles as soon as the close of 2019,...
Supermarket firm Kroger has expanded its ban on accepting Visa credit cards, stating on Friday (March 1) that its Smith’s Food and Drug unit will stop offering that payment option beginning April 3. Get the Full Story Complete the form to unlock this article and...
As Gap Inc. looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 billion and earnings per...
Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. DSW, for instance, is growing its W Nail Bar partnership to offer services such as manicures and pedicures in more U.S. markets, aiming to generate repeat visits as part of its experiential retail efforts....
It’s happened to almost everyone at some point in their lives: They are up in the middle of the night working on a school project/work project/watching over a sick child, when two unfortunate realities become apparent at the same moment. The first is that they...
In an effort to transition to an eCommerce sales platform, Tesla announced its move to an online-only sales model. The company’s CEO, Elon Musk, noted that the move would lower costs and enable the Model 3 to arrive on the market, CNET reported. Get the Full...
