Americans spend quite a bit of money each year attempting to be artistic. The combined revenue of America’s two largest arts and crafts shops, Hobby Lobby and Joanne’s, came in at over $7 billion in 2018 alone. Some of those consumers are knitting, sewing and painting, while...
The world of toys has changed and keeps on changing, and that means changes, too, for toy retail — changes that reflect some of the hottest trends in commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Fast-fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection. The company said it will close a large number of physical stores worldwide, CNBC reported on Sunday (Sept. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Luxury travelers may trade the typical beach vacation or amusement park trip for more exotic and adventurous destinations, such as Costa Rica or Naples, Italy. And this segment is willing to spend big on their excursions. But many luxury trips can run aground without effective...
Counterfeiting is stereotypically the domain of luxury goods, where fraudsters dupe unsuspecting shoppers into buying fake handbags, accessories or beauty products. But as with the tainted baby formula scandal a decade ago and more recent vape-related illnesses, possibly due to tampered cartridges, counterfeiting can affect...
Former Google leader Alessandra Domizi will take the digital helm of Italian shoe and leather company Tod’s on Oct. 14, Reuters reported Friday (Sept. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The benefits of a good night’s sleep can’t be overstated – nor the negative consequences of not getting one. The average human being needs seven to nine hours per night of sleep, and while there is no medical benefit to sleeping more than that average,...
In a move that could help it better contend with Swiggy, Flipkart and Amazon, online grocer BigBasket has merged its two main businesses of planned next-day orders and on-demand 90-minute delivery. The idea is to supply broader product selections to shoppers in under four hours,...
Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for healthcare roles. Walmart, in one case, is adding healthcare to its Live Better U’s college offering, in an effort to provide associates with a pathway to...