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Why The Biggest US Retailer Will Stick To Stamps

PYMNTS

Quick: Who’s the biggest retailer in the U.S.? In terms of sheer size and locations, the United States Postal Service (USPS) is the biggest retailer in the country, with 31,000 locations covering pretty much every town. Now, a new report is asking a good question: What if the post office expanded its retail offerings?

Retail 169
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Toys R Us Eyes Liquidation Of US Operations

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Beleaguered toy retailer Toys R Us is in the midst of prepping plans to liquidate its U.S. operations, currently in bankruptcy, according to recent Bloomberg reports. The plans come as the company has yet — and the emphasis may be on “yet” — to find a buyer for those operations or finalize its debt restructuring plans.

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Turning The Post Office Into A Destination

PYMNTS

The United States Postal Service (USPS) is the biggest retailer in the country in terms of sheer size and locations, and a new Government Accountability Office (GAO)-commissioned report is examining the possibility of the post office growing its retail offerings.

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Developing Brick-and-Mortar Stores For QSRs, Sleep Brands

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Some operators, such as Chipotle , are even launching store designs that showcase pick-up windows. And in retail, Essentia is ready for its un-Casper-like closeup. Data: 2005: The year Essentia’s founder created a mattress made of organic, non-toxic materials. All this, Today in Data.

Branding 130
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Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

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Brookstone , a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. malls, Brookstone is now the latest major brick-and-mortar retailer to announce that it has filed for bankruptcy protection. Both have operations online under new owners, reported The Wall Street Journal.

Retail 100
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Marc Lore Retiring From Walmart To Create City Of The Future

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Lore joined Walmart after selling his startup Jet.com to the retail giant for $3 billion in 2016. segment has been operating and continues to operate as an omnichannel business,” per filing. Amazon launched Prime in February 2005 and grew it to more than 150 million members globally. . Our Walmart U.S.

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Canada’s Lightspeed POS Inc Raises $179M In IPO

PYMNTS

The company, which had early investors such as Caisse de Depot et Placement du Quebec, has over 700 people in its employ and was started in 2005. The company’s Lightspeed platform, as it stood, already served small to medium-sized retailers. National Bank Financial, JPMorgan Chase & Co.