Remove 2007 Remove Branding Remove Online Remove Retail
article thumbnail

Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

Every year for the last 110 years , members of the retail trade group, known as the National Retail Federation (NRF), have assembled to discuss the slate of issues pertinent to its members. COVID-19, of course, didn’t cause physical retail’s steep decline — it just accelerated it. Retail is now about logistics and the last mile.

Retail 309
article thumbnail

As Retail Tech Advances, Associates Become More Important

PYMNTS

Retail is about more than the products being sold or the technology being used. That change is being reflected at the NRF annual event commonly called “Retail’s Big Show,” which ends on Tuesday (Jan. Online shoppers are more or less on their own when it comes to selecting what they want based wholly on their own knowledge.

Retail 131
Insiders

Sign Up for our Newsletter

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

article thumbnail

Physical Retail Isn’t Dead – The Physical Store Model Is

PYMNTS

It looks like we can finally have a serious conversation about the impending collapse of physical retail in the U.S. All it took was a 160-year old retailer and a $34 billion kick in the stomach to the retail sector to get everyone’s attention. retailer, Sears, which found itself standing at Chapter 7’s front door.

Retail 198
article thumbnail

No Candy: Godiva To Close US Stores

PYMNTS

retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. in 2007 for $850 million, according to Bloomberg. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

article thumbnail

Amazon Versus Walmart: The Epic Online Apparel Battle

PYMNTS

The battle is on for dominance in online apparel, and Amazon is closing in on $30 billion in gross apparel and footwear sales that could put it in the lead ahead of long-time market leader Walmart. Along with the growth of Prime and web traffic, well-known brands have joined Amazon’s platform, such as Chico’s FAS.

Online 100
article thumbnail

The Many Pivots On The Path To A Multi-Million Dollar Skincare Brand

PYMNTS

One might assume the hardest part of building a product to disrupt the traditional sunscreen industry would be actually formulating a new brand of sunscreen. The problem, it turned out, was that in 2007 when this project was first lifting off the ground, regulations in most states made this model basically illegal.

Branding 108
article thumbnail

Bonobos Founder Andy Dunn Exiting Walmart In Early 2020

PYMNTS

After two years at the world’s largest retailer, Bonobos founder Andy Dunn is leaving Walmart in early 2020, Reuters reported on Thursday (Dec. Dunn announced his departure following Walmart’s acquisition of his online menswear brand in 2017. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company.

Branding 131