operations-retail 
PYMNTS
JUNE 4, 2018
As Walmart refocuses its worldwide operations, Advent International plans to take a 80 percent stake in the retailer’s business in Brazil. With such a deal, Walmart would keep a 20 percent stake in the company, and the retailer would utilize Advent’s regional expertise, CNBC reported.
PYMNTS
JUNE 8, 2018
After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers.
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PYMNTS
JUNE 8, 2018
That decision came after the retailer previously said that it would retain part of the historic 11-story structure for retail space. But that plan changed as Lord & Taylor — like many retailers — decided to sell off key assets and double down on digital. Other retailers are evaluating closing more locations in the future.
PYMNTS
JUNE 8, 2018
For at least two generations, Walmart has stood for more than just retail. Rather, recent news from the land of Walmart has provided an opportunity to take a step back and consider all the things that one of the world’s most important retailers has become. Jet.com continues to operate as a separate website from Walmart.com.
PYMNTS
JUNE 5, 2018
After growing Starbucks from a humble 11 stores to a worldwide operation with 28,000 locations in 77 countries, Howard Schultz is stepping down as executive chairman and a member of the company’s board of directors. Schultz will become chairman emeritus as of June 26, the coffee chain said in an announcement.
PYMNTS
JUNE 7, 2018
The goal for all retailers is, of course, to deliver an excellent experience, both online and in stores, and to find ways for those disparate experiences to mesh seamlessly with one another. The Swedish furniture retailer seems to be making the opposite transition. IKEA is slowing the growth pace it has sustained in the U.S.
PYMNTS
JUNE 5, 2018
However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different flavor. When most people consider a “buy online, pick up in store” arrangement, they’ve already made the purchase when they arrive to collect their item.
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