Reports out indicate that Walgreens Boots Alliance is considering an offer from private equity firm KKR & Co. to take the firm private. The deal, if it goes through, could represent the largest ever leveraged buyout. Get the Full Story Complete the form to unlock this...
The global market for glasses is a big industry that is still growing. As of 2015, the total worldwide eyewear industry (encompassing both prescription glasses worn for vision and “fashion” eyewear like sunglasses) was worth roughly $90 billion, and forecasted to reach as much as $140...
Singles Day, which is Monday, Nov. 11 this year, has become one of the biggest eCommerce events around the world, thanks to its backing by China-based digital and mobile retail giant Alibaba, and the disposable income of that country’s massive consumer segment. And this year’s...
Tesco is taking on the competition by adding a subscription option to its Clubcard loyalty program. 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...
Wardrobe, a peer-to-peer (P2P) fashion marketplace that gives users the chance to rent out designer and vintage items for a fraction of their purchase price, has recently debuted amid many competitors with similar concepts. The company brings two new ideas to the table: replacing warehouses...
Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. UPS subsidiary UPS Flight Forward Inc. and CVS Health Corporation subsidiary CVS Pharmacy, Inc., for instance, recently announced the successful delivery of a prescription from...
In a move comes five years after its record-setting initial public offering in New York, Alibaba Group Holding Ltd.’s is looking to raise $10 billion to $15 billion in a second listing in Hong Kong. The firm is aiming to roll out the share sale following...
Toy retailer Cubcoats has partnered with Amazon to create a pop-up experience at the Del Amo Fashion Center in Torrance, California, open now through Jan. 5. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
H&M is trying to prevent the online resale of its collection created with Italian designer Giambattista Valli. 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...
