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California Dreamin’ (Of A Higher Minimum Wage)

PYMNTS

The news out of California on Monday (March 28) that Governor Jerry Brown, state lawmakers and labor leaders have reached an agreement to raise the state’s minimum wage to $15 an hour has the country buzzing. an hour on Jan. 1, 2017, then to $11 an hour one year later and will see annual increases of $1 until reaching $15 an hour on Jan.

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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. However, some retailers prefer to play cards of the kind as close to the corporate chest as possible. billion acquisition of Home Retail Group.

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Rebirth Of Malls: Anchor Stores To Become Destinations For Experiences

PYMNTS

As a result, malls and retailers have to rethink how malls are set up and designed. square feet of retail space for every person. With room for new establishments, malls operators are redesigning their spaces to make room for consumer experience spaces like restaurants and gyms. But it’s not just big retailers leaving U.S.

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How Can Banks Thrive in the Next Five Years?

Jeff For Banks

Then came this bubble generation they named millennials. Ever call your millennial child only to get a text back asking "what?" There is a fintech firm, SoFi, that was born in 2011, that focuses on millennials financial needs. Because that is what millennials needed at the time. We can ignore millennials no more.'

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Is eSports The Next Great In-Store Experience?

PYMNTS

These are particularly popular among Gen Zers, the up-and-coming generation that is starting to nudge millennials out of the headlines. The lifestyle retailer will donate $10,000 to HSEL’s scholarship prize pool. The promotion was a success – and the latest pair-up with HSEL operates on similar logic.

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Does Destination Maternity Chain Bankruptcy Signal Larger Trends?

PYMNTS

Retail chain Destination Maternity reportedly filed for bankruptcy on Monday (Oct. 21), the latest commerce operator to be on the verge of extinction in this age of digital and mobile. though they also operate under such brands as Motherhood Maternity and Pea in the Pod stores. “As Another one seems ready to bite the dust.

Trends 101
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Walmart Is Due For An Identity Check

PYMNTS

For at least two generations, Walmart has stood for more than just retail. Rather, recent news from the land of Walmart has provided an opportunity to take a step back and consider all the things that one of the world’s most important retailers has become. Jet.com continues to operate as a separate website from Walmart.com.

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