Nike’s earnings call on Tuesday (Sept. 22), in which it set a new standard for companies capitalizing on the digital-first economy, just might have had the quote of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
1-800 Contacts unveiled a deal through which investment firm KKR will buy the company from AEA Investors, according to a Wednesday (Sept. 23) announcement, which noted that financial terms of the arrangement were not made public. Get the Full Story Complete the form to unlock...
In addition to their joint desire to dominate the whole U.S. paycheck, Amazon and Walmart are trying to dominate October. Several credible sources reported on Tuesday (Sept. 22) that the long-postponed Prime Day will be now be held Oct. 13-14. Walmart countered with an announcement...
COVID-19 test kits may soon start dropping from the sky onto driveways, backyards and sidewalks in Las Vegas as Walmart takes development of its drone-delivery program to the next level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The biggest investor in Dallas-based GameStop has reportedly set his sights on a lofty goal — having the video-game retailer take on the Goliath of eCommerce, Amazon, in an epic battle. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Chinese consumers may be starting to open their wallets to buy luxury goods – but it remains to be seen whether the green shoots will blossom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Brookfield Properties Retail Group CEO Jared Chupaila delivered bad news to his employees this week. 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,...
There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. On one side of the spectrum sits the “legion of doom,” or the analysts and consultants who believe the format and the department store tenants that anchor...
The combined dynamics of the digital shift and the pandemic have caught up to Ralph Lauren. Tuesday morning (Sept. 22) the company announced steps to cut its workforce and accelerate its digital transformation. Get the Full Story Complete the form to unlock this article and...
