Almost anyone who has shopped online knows the experience of picking an item and putting it in the cart only to balk at the shipping price and walk away, often to find a place where getting the product to the front door won’t cost as...
In today’s top retail news, consumers are expected to spend heartily in the run-up to and days after Thanksgiving, while direct-to-consumer mattress company Casper Sleep is set to go private less than two years after its IPO. Also, Rue Gilt Groupe said in a filing...
The B2B fashion marketplace FashionGo will launch an automated payments service next year designed to help retailers expedite order and fulfillment processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Ahold Delhaize, the parent of Giant Food and Stop & Shop chains that operates more than 2,000 stores in the U.S. and abroad, is looking to double its digital gains with major investments in its online platforms. On Monday (Nov. 15), the Zaandam, Netherlands-based global...
When Rue La La launched over a decade ago, it — along with Gilt — was a pioneer of the online flash sale, helping bring forth a trend that countless others have used to keep customers coming back. Get the Full Story Complete the form to...
For decades, luxury brands could only be found in luxury department stores, sold by retailers rather than the labels themselves. But with the growth of eCommerce allowing for more direct connections with customers, and therefore a more controlled brand message, that model may be obsolete,...
Skincare company Obagi and makeup brand Milk Makeup are joining forces through a special purpose acquisition company (SPAC) deal with Waldencast Acquisition Corp. — an acquisition-focused entity founded by two former L’Oréal execs — in a merger that puts their combined value at about $1.2...
Casper Sleep Inc. announced on Monday (Nov. 15) that it has agreed to be acquired by Durational Capital Management in a deal that will take the mattress company private. Durational Capital will pay $6.90 per share, a 94% premium over the closing price on Friday...
The ongoing supply chain shortage is leading grocery stores to look for ways to cover up gaps on the shelves, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
