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The Hottest Retailers Right Now Are … Supermarkets?

PYMNTS

Supermarket chains dominated a list of hottest retailers in 2015, according to information released by the National Retail Federation’s (NRF) STORES magazine. The NRF released its annual list of Hot 100 Retailers on Aug. domestic sales with sales of at least $300 million based on figures compiled by Kantar Retail.

Retail 100
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Amazon Replacing Retail Vets With Software

PYMNTS

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. The shift to automating retail team jobs started several years ago with an initiative called “hands off the wheel.” Brands need to have strategies.”.

Software 108
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To Amazon Or Not Amazon? An Eyeglass Retailer Faces The Question

PYMNTS

In a new PYMNTS interview, David Roger, co-founder & CEO of Felix Gray , a direct-to-consumer (DTC) eyewear seller that is also trying to tap into broader wellness trends, talks about what’s coming next for this particular brand of online retail, and why Amazon may — or may not — get more involved. But it’s a double-edged sword.”.

Retail 116
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Costco Branded Card Driving Growth At Citi

PYMNTS

That compares to American Express, which saw $80 billion in Costco card purchases in 2015, putting Citi’s run rate from the card at $24 a billion a year, which is ahead of American Express. branded cards business growth. As a result of that, the report said it’s lifting Citi’s U.S. In the fourth quarter, the unit earned $2.2

Branding 100
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The Little Lingerie Brand That Could

PYMNTS

Does this online brand have a chance at overtaking Victoria’s Secret? In 2015, the company brought in an estimated $43 million, making Victoria’s Secret’s 62 percent market share seem catchable. s Top 5,000 list in 2015 overall and took the number two ranking for top retail brands. Experts are starting to say yes.

Branding 100
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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

Under Armour acquired the business for $475 million in 2015. Patrik Frisk, president and CEO of Under Armour, told The Baltimore Sun that the company is focused on returning to profitability and is planning to invest in eCommerce and company-owned retail outlets. . The deal is valued at up to $345 million.

Baltimore 219
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How ‘Assortment-As-A-Service’ Is Changing Physical Retail

PYMNTS

Those are the types of retailers that Bulletin, a retail tech firm looking to disrupt brick-and-mortar retail, wants to work with – because they are the brands that are most interested in offering the types of highly curated physical experiences that Branston’s company specializes in building.

Retail 101