Remove Houston Remove Online Remove Retail Remove Washington
article thumbnail

Retail Pulse: Mattress Firm Mulls Bankruptcy; Walmart Plans Robotic Grocery Pickup

PYMNTS

Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Now, Mattress Firm is reportedly pondering bankruptcy, and analysts say that might be a good strategy for the retailer: Peter Keith of Piper Jaffray & Co. is no exception.

Retail 105
article thumbnail

Lackluster Earnings Tank Bed Bath & Beyond’s Stock Price

PYMNTS

Domestic merchandise retailer Bed Bath & Beyond’s stock took a 12-point hit after Wall Street got a look at its latest earnings report and did not much like what it saw. Same-store sales — the Street’s favorite metric for physical retail — were down 2.6 Retail sales clocked in at approximately $2.9

Las Vegas 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Happy Returns: In-Person Returns For eTail

PYMNTS

In a twist on contemporary retail trends toward online channels, consumers still largely prefer to return in-store. One logistics technology startup is working to solve the problem of physical returns for digital retailers. and Houston. If all’s well, Happy Returns signals the retailer to refund the customer. “We’re

article thumbnail

Uber Eats Gobbles Up Delivery-Only Restaurant Ando

PYMNTS

22, 2018, we will no longer be serving customers in New York — online or via our Union Square location — as we will be immediately starting to integrate with Uber Eats,” the company said in an announcement on its website. Now, Ando is shutting down its service as it begins to combine with UberEats. Starting Jan.

article thumbnail

Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Wall Street is a tough master, especially for eCommerce companies. Ontario (L.A.),

Company 130
article thumbnail

Carvana And Its Discontents

PYMNTS

cities: Tempe (Arizona), Houston, Austin, San Antonio, Dallas, Nashville (Tennessee), Raleigh (North Carolina), Charlotte (North Carolina), Jacksonville (Florida), Tampa (Florida), Orlando (Florida) and Washington, D.C. Standing nine stories high and built out of gleaming glass, it holds over 30 vehicles.

article thumbnail

Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News

PYMNTS

And its investment in MercadoLibre, a Latin American retailer, dropped 10 percent. PayPal officially pulled its support of Facebook’s Libra initiative after being a no-show at the Libra Association meeting in Washington, D.C. Domino’s Supreme Court Decision Spotlights Online Web Accessibility. What We’ve Learned From Libra.

Cards 116