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Tailored Brands Could Close Up To 500 Retail Locations

PYMNTS

To bolster its financial status and let it better compete in a difficult retail climate, Tailored Brands plans to make changes that will lead to a reduction of roughly 20 percent of its corporate positions by the conclusion of fiscal Q2. The company, whose brands include Jos. and Canadian retail locations.

Branding 130
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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. NFC works with digital wallets and powers contactless payments.

Samsung 230
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Tapping Into Mobile Payments And Retail Technology Amid Digital Shifts

PYMNTS

As retailers scramble to capture the digital shift, it’s easy for some overlooked details, such as unanswered customer complaints, to harm their brands. To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology.

Mobile 141
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OAK + FORT: Flexible-Payment Plans Boost Luxury Purchases

PYMNTS

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. billion this year — almost double last year’s total.

Payments 279
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Omnichannel Payments Help Retailers Find Their Footing With The Digital Shopper

PYMNTS

“Over the coming months, retailers also need to prepare for the continued — and maybe even swifter — move to mobile.” . The following is an excerpt from How 35 Execs Are Powering The Great Digital Shift Of 2020 (And Beyond) , contributed by Brett Narlinger , general manager of payments for Blackhawk Network.

Retail 165
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Blackhawk Debuts One-Stop Gift Card, eGift Management

PYMNTS

Global branded payments provider Blackhawk has debuted a new service allowing companies to outsource gift card and eGift program management, according to a news release Tuesday (Sept. Retailers have been picking up on the efficacy of digital wallets during the pandemic.

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

PYMNTS

Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. markets, aiming to generate repeat visits as part of its experiential retail efforts. They also create repeat visits to the DSW brand, where an exciting footwear assortment awaits.”. In Other Brick-and-Mortar News. per share.

Branding 129