CoverGirl cosmetics maker Coty Inc. is making an about-face, years into a turnaround that hasn’t yet taken hold. The company is doing away with a revival plan hinged on bringing out new products as well as adding businesses, while its new strategy is to reduce...
Social media keeps on evolving, and that could bring big changes to the retail environment, especially as the preferences of younger consumers continue to evolve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Pair Eyewear Co-Founder and CEO Nathan Kondamuri started wearing glasses when he was 8 years old, around second or third grade. He told PYMNTS in an interview that he remembers “how daunting” and uncomfortable “of an experience it was getting glasses for the first time.” It’s...
As the buyer of the luxury retailer brand negotiates with the store’s landlord, Barneys New York’s flagship store on Madison Avenue in Manhattan will stay open for at least another year in a smaller form. Fred’s, the store’s famous eatery, will also stay open, Reuters reported....
A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as well as increasing price wars between companies, according to a report by CNBC. Get the Full Story Complete the form...
In releasing predictions for the holiday online shopping season, Adobe said total online spending will increase by 14.1 percent, which is a total of $143.7 billion, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Allbirds has always been a somewhat unique company in the world of digitally-native brands attempting to take the world by storm. Its founding duo were not Silicon Valley technologists; one was a biotech engineer and renewable materials expert and the other was a professional soccer...
As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov. 5). The Penn Plaza store taps into Starbucks Mobile Order & Pay as the...
If Q3 2019 quick-service restaurant (QSR) earnings are any indication, restaurants’ rush to digital and mobile ordering is benefiting many — but not all — restaurants. What’s the latest news in the quick-service world? Get the Full Story Complete the form to unlock this article...
