PYMNTS
JULY 6, 2020
Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,
PYMNTS
APRIL 5, 2019
Iconic American retailers that have been around more than 100 years are creating new concepts for the new era of retail. The locations, which the company said were created based on insights from Sears Appliances & Mattresses stores, are set to be located in Alaska, Kansas and Louisiana. In Other Brick-And-Mortar Retail.
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PYMNTS
SEPTEMBER 17, 2018
L Brands announced it will close all 23 Henri Bendel stores, including its famous Fifth Avenue location in Manhattan, as well as its website, after the holidays. The company plans to focus on its other retailers, including Victoria’s Secret and Bath & Body Works. “We L Brands reported $12.6 billion in revenue last year.
PYMNTS
JUNE 17, 2016
It’s a question that USA Technologies, a leader in digitizing payments for unattended retail , wanted answered with respect to the use of mobile payments to buy goodies in vending machines. Early indicators report that there is a strong connection between the use of Apple Pay and increased sales at these retail locations.
PYMNTS
MAY 2, 2018
Retailers and retail landlords are reporting strong first-quarter earnings results, beating analysts’ expectations in many cases. billion, according to news from Retail Dive. In some cases, the retailer is demolishing existing stores to create new uses of the land. That top-line figure beat the consensus estimate of $1.38
PYMNTS
DECEMBER 16, 2020
UPS imposed shipping restrictions on some large retailers such as Gap, Nike, L.L. UPS made no official confirmation of the selective delays, but the reaction from the brands involved didn’t show any alarm over the move. “We Hot Topic Inc., Newegg Inc.
PYMNTS
DECEMBER 16, 2020
As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal.
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