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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

Amazon has its eyes on expansion for its Whole Foods brand in closed Sears and Kmart stores, according to a report by Yahoo! The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. that the company is visiting sites of now defunct retail spaces. Sources told Yahoo!

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Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

The retailer is opening SoGifted shops in its flagship Manhattan store and six other locations. The two managing partners invest in diverse entrepreneurs at the seed and pre-A stage. Macy’s ongoing partnership with b8ta , which helps brands set up physical retail operations, enabled SoGal to quickly open at the department store.

Las Vegas 136
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The Many Pivots On The Path To A Multi-Million Dollar Skincare Brand

PYMNTS

One might assume the hardest part of building a product to disrupt the traditional sunscreen industry would be actually formulating a new brand of sunscreen. The product formulation wasn’t easy, but it was manageable and foreseeable challenge. And so far, despite a few pivots, Supergoop is still there and still an independent brand.

Branding 108
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Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. said Nish Lathia, general manager of Amazon Home Services , in the press release. Amazon announced Monday (Nov.

Metro 100
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. In 2019, we increased GPU by $750. New Markets.

Company 130
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Facebook’s Sizzly, Fizzly Week

PYMNTS

And for good reason, Karen Webster noted in a recent commentary – a minority of users managed to turn Facebook into a home and hub for some of the vilest content on the internet. The firm also announced another major retail play: It will be opening pop-up shops within select Macy’s locations across the U.S.

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Where Pharmacy Giants Walgreens, CVS, Walmart, And Rite Aid Are Placing Private Market Bets

CB Insights

For many consumers, the local pharmacy is long gone, replaced by big box retailers with significantly more cash and brand recognition. Today, the top four retail pharmacies by number of stores — Walmart, Walgreens, CVS, and Rite Aid — operate more than 25,000 stores. 1 healthcare provider in the retail industry.