article thumbnail

Barneys, Pier 1 And Other Iconic-But-Bankrupt Retailers Are Coming Back To Life 

PYMNTS

Plenty of famous retail chains have collapsed both before and during a pandemic that has slammed brick-and-mortar stores, but some iconic names like Pier 1 , Barneys New York and others are coming back – at least in some fashion. The launch of Barneys at Saks is a seminal moment to reignite the brand for the future.”.

Retail 246
article thumbnail

Retail Pulse: Floravere Opens NYC Store; Target Debuts Everspring Brand

PYMNTS

Direct-to-consumer wedding brands are opening stores in real life — and personalizing the customer experience within them through digital technology. At the same time, the brand seeks to create personalization through every one of its touchpoints. In Other Brick-and-Mortar News.

Branding 123
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today In Retail: Ethan Allen Projects 44.9 Pct Retail Written Orders Growth; Christopher & Banks Files For Chapter 11

PYMNTS

In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”. Pct Retail Written Orders Growth. Ethan Allen Expects 44.9

Retail 142
article thumbnail

Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

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.,

article thumbnail

Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store

PYMNTS

A&P named its concept Warehouse Economy Outlet — or “Where Economy Originates” — and opened its first location in Pennsauken, New Jersey, in 1971. As a result, the once-pioneering grocer entered the second tier of retailers. The company advertised the concept on TV, producing a spot with Mickey Rooney.

article thumbnail

COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

For most retailers, this virus thing is starting to hurt. Retailers are now in full-on battle mode,” said Jefferies Analyst Randal Konik , who foresees a 90 percent to 100 percent drop in mall traffic. For retailers, this is now about near-term survival.”. The shopping center industry in the U.S. Add closures across the U.S.

Retail 161
article thumbnail

New RadioShack Owner Looks To Turn 'Fallen Angels' Into eCommerce Stars

PYMNTS

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.”

Branding 254