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Can Big Brands Survive On The Store-Within-A-Store?

PYMNTS

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. The commitment to the store-within-a-store extends, ironically, beyond the physical.

Branding 100
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Big Lots Q3 Earnings Break Records, Blow Past Forecasts

PYMNTS

The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. The company’s "Operation North Star" strategies included the third-quarter re-configuration of the food and consumables categories, as well as the expansion of eCommerce goods by instituting ship-from-store capabilities. million on $1.38

Columbus 141
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The Limited Brand’s Days Could Be Limited

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio.

Ohio 100
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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

The company saw the need for the best of both worlds and, to tackle this challenge, it is “evolving into a 21st-century tech-enabled hospitality brand,” DePinto told PYMNTS in an interview. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus. The Business.

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The 31 European Unicorns Ranked By Valuation

CB Insights

Combined, these 31 European startups have raised more than $21B in total funding, and operate across industries including fintech, e-commerce, healthcare, and more. Company Description: This UK-based company operates data centers in Europe and Asia. Auto1 Group now has operations in more than 30 countries. Global Switch.

Groups 76
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30.

Taxes 100
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Amazon HQ2, JPM Coin And The Weird, Wild Week Of Payments’ Left Turns

PYMNTS

The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville. Kroger Pay is one of the few mobile wallets that pairs loyalty and payment,” said Mary Ellen Adcock, the group VP of operations at Kroger. In theory, the concept has gotten support. “It So can Apple save online journalism ?

Apple 143