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Shogun Brings Big Retail Tech To Digital-First Retailers

PYMNTS

Taylor said he doesn’t want to read too much into the name, but if a comparison was forced, it would be along the lines of detail. Some retailers are just excellent about telling stories about themselves and about the products that they're selling,” Taylor told PYMNTS.

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Bright Spots For Retailers And SMBs

PYMNTS

Batteries Plus Bulbs , a Wisconsin-based nationwide retail chain, has arguably powered the consumer shift to digital. In retail, Q4 2020 is likely to see a media blitz that will make other years pale in comparison. Data: 1988: The year Batteries Plus was founded in Hartland, Wisconsin, where it is now headquartered.

Retail 135
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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

Designer Brands Inc. The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. In separate news, retailer Express Inc.

Branding 141
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Grocers Can Tap Into Price Comparison Apps

PYMNTS

The initial inner workings of a price comparison tool called Basket began when Neil Kataria was a kid. There is a fundamental shift in retail, and we are seeing an acceleration,” said Thom Blischok, global retail strategic advisor of Nielsen. Brands could use the data to price or promote their products better, too.

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Retail SMBs Face Up To Q4 Marketing Opportunities

PYMNTS

For retailers, the fourth quarter of 2020 is likely to see a media blitz that will make other years pale in comparison. Unspent budget from big box retailers will be let loose as early as Oct. There are many critical aspects to SMB retail media strategy but two stand out this year: when to advertise and where to advertise.

Retail 169
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Retail Lease Defaults Have Ripple Effect

PYMNTS

As it does during the first week of every month of the pandemic, attention turns to retail leases. This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. Retail Properties of America, Inc. It, along with Authentic Brands Group owns SPARC Group.

Retail 150
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Simon Debuts Multi-Brand Concept With Guesst

PYMNTS

Simon Property Group has partnered with Retail-as-a-Service (RaaS) platform Guesst on a multi-brand experiential retail concept. And Guesst’s technology will be used for brand onboarding, sales transactions, payments, inventory tracking and data reporting. We are having a high bankruptcy year.

Branding 109