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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. The retailer, which has 1,143 stores globally, closes an average of around 15 stores annually. Austin, Texas; and Dublin, Ohio.

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Big Lots Q3 Earnings Break Records, Blow Past Forecasts

PYMNTS

Discount retailer Big Lots reported a third-quarter profit of $29.9 The Columbus, Ohio-based chain has beat revenue forecasts three times over the last four quarters. million on $1.38 billion in revenue, surpassing Wall Street’s forecasts. The average revenue estimate of six analysts surveyed by Zacks Investment Research was $1.38

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Snapshift, An HR Platform For Frontline Workers, Raises $45M. Snapshift Competitors Include Skello, Celayix, Legion, And Reflexis Systems.

CB Insights

Snapshift , an HR and workforce management platform, has raised $45M in a Series A that drew participation from Highland Europe, Bpifrance, and UL Invest. France-based Snapshift helps retail and hospitality SMEs manage payroll, scheduling, and productivity. How’s the company performing? Snapshift has an office in Paris.

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Huntington Now Offers Real-Time Payments For Consumers, SMBs

PYMNTS

Through using the RTP network, the Columbus, Ohio-based company will be able to offer receipts and better communication options for payers and payees, including messaging, for both consumer and business customers, the release states.

Payments 131
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Can Big Brands Survive On The Store-Within-A-Store?

PYMNTS

Retailers as dependent on a brick-and-mortar footprint as Macy’s don’t always have the luxury of fixes to pick from if their stocks experience the continuous slide that the former tentpole brand’s has. There’s so much we’re testing in this building,” Newton said.

Branding 100
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Big Cuts Coming To Macy’s

PYMNTS

Over 10K will be on the chopping block as recently embattled retailer Macy’s gears up for its next round of layoffs and store closures. Some of the closing down locations are actually fairly new — a store in Eastland Center in Columbus, Ohio has only been around since 2006 for example. percent to $32.70

Columbus 100
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DSW’s Amazon-Proof Makeover Move

PYMNTS

In an era that has seen physical retail locations — particularly large box stores — suffer from consumers becoming increasingly enamored with the online experience, it was still a bit of a surprise to see shoe retailer DSW log something of a bumpy 2017. The shoe retailer even tried to sell eBuys, but there were no takers.

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