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Retail Pulse: DSW Expands In-Store Experiences; L Brands Plans Store Closures

PYMNTS

DSW began working with W Nail Bar in 2017; the two companies offer salon services at Columbus, Ohio’s Easton Town Center and the Polaris Fashion Place. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. L Brands posted net income in the fourth quarter of $1.94 billion at $4.85

Branding 129
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Ohio Bill Urges Govt. To Adopt Blockchain

PYMNTS

In the summer former Governor John Kasich signed a cybersecurity bill that enables electronic payments to include blockchain-based ones. Ohio is hoping its Columbus-based “smart city” efforts will be attractive to the blockchain industry. Ohio is also the fifth-largest hub for the financial services industry.

Ohio 149
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In The Park. At A Kiosk. Using Digital Payments. Buying $1.6K Designer Jewelry.

PYMNTS

In response, unattended retail operators are finding new ways to embrace alternative payment methods, ranging from mobile wallets to cryptocurrencies. In the new Unattended Retail Tracker , PYMNTS charts the latest ways that companies are working to accept more non-cash payment methods, from the common credit card swipe to biometric scans.

Metro 122
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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

The initial transaction price was $200 million, with future earnout payments of up to $500 million over five years, dependent on certain milestones. “Home Chef is proud to continue our evolution toward becoming more than a meal kit delivery brand,” said Pat Vihtelic , Home Chef’s founder and CEO.

Ohio 116
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Macy’s Bolsters Omnichannel Tech, Taps Into Subscriptions

PYMNTS

Moving deeper into the quarter, inventory became a mounting problem due to a combination of factors, including a miss on key women’s sportswear private brands, a slow sell-through of warm-weather apparel and accelerated decline in the international tourism business. He noted that the second quarter got off to a slow start.

Columbus 100
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Say Bye-Bye To MCX CurrentC

PYMNTS

Today, the mobile payments field has been reduced by one. A statement released by MCX CEO Brian Mooney late yesterday (May 16), via their PR rep, said that MCX and its CurrentC mobile payments product is folding its tent. But not enough apparently to continue to fund and ignite the ill-fated mobile payments scheme.

Mobile 105
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Hard Knocks Edition: MCX, EMV And Square

PYMNTS

A statement released by MCX CEO Brian Mooney on May 16, via a PR rep, said that MCX is delaying a nationwide rollout of its CurrentC mobile payments product. As MCX has said many times, the mobile payments space is just beginning to take shape; it is early in a long game. MCX’s owner-members remain committed to our future.”

Software 109