Remove 2001 Remove Company Remove Operations Remove Retail
article thumbnail

Unattended Retail Lessons From Caviar Dreams

PYMNTS

Those who travel to some of the wealthier parts of the world, however, will discover the well-to-do have much more expensive unattended retail tastes. shoppers got their own taste of unattended luxury retail when vending machines dispensing caviar were installed in several Los Angeles-area malls. A few years ago, U.S.

Retail 106
article thumbnail

Takeout Marketplace Just Eat Makes Round Of Layoffs

PYMNTS

On the heels of Just Eat’s merger of customer and restaurant operation teams, Just Eat is shrinking its workforce to get rid of redundancies. The move is part of a reorganization effort, the company said in a statement. At the same time, the company announced Graham Corfield’s appointment to chief operating officer (COO).

Insiders

Sign Up for our Newsletter

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

article thumbnail

Can Sports And Entertainment Really Spark Mall Revivals?

PYMNTS

Long live physical retail. In particular, all retail anchor stores have been spoken for — which is critical for malls because those locations, typically department stores, are key in driving foot traffic.”. Granted, retail does not get all the credit for this. percent with the 2001 recession and hit 9.4 Vacancy Rates.

article thumbnail

For eCommerce Content, It’s Experiences Over Speed

PYMNTS

Online luxury marketplace 1stdibs stands as an example of that kind of content, along with providing — as do some other companies — a demonstration of the appeal of both digital and physical forms of content to tie consumers to a brand or ecosystem. But the company doesn’t just use its content to speak to one audience.

Retail 214
article thumbnail

Barclays Corporate Banking Chief Resigns

PYMNTS

Barclays’ chairman of its corporate banking operations, Kevin Wall, will reportedly take Winter’s place as interim head of the unit. According to reports, Winter has been at the bank since 2001, previously serving at Deutsche Bank. and Germany-based credit card operations.

article thumbnail

Macy’s Chief Growth Officer Forced Out After 34 Years

PYMNTS

After working with the company for 34 years, Macy’s Chief Growth Officer Peter Sachse is being forced to move along. He is the third-highest-paid executive at the company, with $900,000 as his salary, right behind Macy’s Chairman and CEO Terry Lundgren and President and soon CEO Jeff Gennette. million of that in cash, around $1.3

Phoenix 100
article thumbnail

Data Enablers: Thinkwrap, Growing eCommerce Opportunities

PYMNTS

But how to make that website cull more revenue, increase online and in-store traffic and tailor the experience to the customer is where data can help retailers — especially in this ever-growing omnichannel world. Maloney said that clients have exceeded online revenue growth expectations while working with the company.

Data 126