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How (And Why) Major Retailers Are Embracing Print Catalogs Again

PYMNTS

The holiday season is the time for nostalgia and tradition, and that is the case here at PYMNTS, where even amid our coverage of the newest retail trends, we sometimes get the warm-and-fuzzies. It led us to wonder, going into the heart of the fourth quarter and then into 2020, about the status of that old standby, the retail catalog.

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Department Store Closures Expected To Tick Up As Brands Try To Recapture Revenue

PYMNTS

To get back the type of productivity they knew a year ago, experts are saying department stores nationwide will need to close as many 800 locations – or about 20 percent of all anchor retail stores in the U.S. Department store sales average $165 per square foot in 2015, a 24 percent drop over 2006.

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How Toys R Us’ Demise Could Benefit Amazon And Other Retailers

PYMNTS

One retailer’s loss could be another retailer’s gain: Even though Toys R Us is facing bankruptcy, other retailers may benefit from the embattled toy retailer’s demise. Amazon could take over some of Toys R Us’ stores, which may be soon vacant as the retailer winds down its operations. Retail Group.

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

PYMNTS

Retailers that are unable to call on substantial financial reserves are struggling in the current environment. Mobile shopping is growing and a key focus of retailers going into the holiday season. Mobile shopping is growing and a key focus of retailers going into the holiday season. to less than $0.29. Sears Holdings Corp.

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Mastercard’s Sadove Says The Resilient Consumer Saved Holiday 2020

PYMNTS

According to Mastercard ’s SpendingPulse transactional analysis, total retail spending for 2020’s 75 days of Christmas was up 3 percent, and eCommerce sales were up 49 percent — good for the stay-at-home economy and tough sledding for department stores. For Mastercard, the story behind the numbers is told by special adviser Steve Sadove.

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Elizabeth And James Rises Again At Kohl’s

PYMNTS

The Olsen twins’ fashion empire has had a rather twisty and turny path through the world of retail apparel. The Row’s most beloved item of 2011, for example, was an alligator handbag that promptly sold out – even though its retail price was $39,000. ” Will it work?

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PepsiCo To Expand Energy Drink Share With Rockstar Acquisition

PYMNTS

The move comes as Pepsi and Coca-Cola have both been moving into the energy drinks market, CNBC reported. Energy drinks comprise 92 percent of the total energy market. The country’s snack market is said to be very profitable, seeing a 400 percent increase between 2006 and 2016, per a 2019 study from China’s Ministry of Commerce.

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