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Brooks Brothers Leads More Fashion Retail Troubles

PYMNTS

Interest in the brand has centered on its possibility as a fashion license rather than a going retail concern. The leading contender to buy the business is Authentic Brands Group (ABG), which has rescued Forever 21 and owns several licenses, from Elvis Presley to Marilyn Monroe. But according to Yahoo!

Retail 156
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CVS Health On Track To Rehab Over 1,000 Stores

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Dallas-Fort Worth, Boston, Ohio and North Carolina are among the next markets the pharmacy chain is targeting for the growth of HealthHUB in 2020. CVS rolled out three HealthHUB concept stores in Texas close to the conclusion of 2018 and grew the offering to 50 locations in four markets by the end of last year. Pat Carroll, M.D.,

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DoorDash Acquires Square’s Caviar In $410M Deal

PYMNTS

It’s a great brand, [but] it wasn’t the right deal for us.”. Caviar Product Lead Gokul Rajaram told a news outlet at the time that the goal of the purchase was twofold: to speed Caviar ’s growth in the Dallas-Fort Worth area and to profit from the partnerships Entrees On Trays had established with local Texas restaurants.

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For Retail Promotions, Rewards Beat Out Discounts

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To create sales lift and purchase intent without the negative brand effects of discounting, Aberdeen Group, which was created for Blackhawk Network’s Hawk Incentives, discovered that promotions based on rewards can be more effective than discount offers. In addition, members of the program can waive the $5 charge for Target Restock.

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Target Experiments With New Loyalty Program

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As growth of Target -branded payment cards has slowed, the retailer is beginning to experiment with a new rewards program: Dubbed “Target Red,” the new program will not be linked to a debit or credit card , The Star Tribune reported. “We We know not everyone wants another credit card,” Joshua Thomas, a Target spokesman, told the newspaper. “So,

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Fast Casual Saladworks Gets Fresh With New Locations And Restaurant Tech

PYMNTS

The 30-year-old QSR brand has plans for aggressive growth in 2017 , and Tripodes will spearhead the effort. Saladworks also plans to plant corporate stores in key markets in Atlanta, Georgia and Dallas/Fort Worth, Texas over the next six to 12 months. The company currently has about 70 franchisees.

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Circuit City Still Eyeing Comeback, But Wants To Take Its Time To Get Things Right

PYMNTS

There was plenty of excitement in the retail sector after TWICE broke the news in January that an outside investor had acquired the iconic Circuit City brand, with plans to revive the business and open anywhere from 5,000 to 10,000 new locations over the next five years. And then, nothing. Our vendors are very excited about the project.