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Walmart’s Bonobos Cuts Staffers To Buoy Sagging Online Sales

PYMNTS

Walmart-owned men’s retailer Bonobos laid off staff on Monday (Oct. It started online and soon added stores where people could go and try on clothes and then place orders for them to be delivered. In 2017, the retail giant bought ModCloth and Moosejaw, and outdoor retail company.

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Retail Pulse: Zola Opens NYC Store; Kleinfeld Shop ‘Pops Up’ In NJ

PYMNTS

Digitally native retailers are opening stores to bring their virtual experiences into the real world, and Zola is one of the latest merchants to test out the brick-and-mortar waters. The wedding retailer opened a store in New York City’s Flatiron District that is billed as a “one-stop-shop for wedding planning.”.

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Walmart Finds Buyer For ModCloth

PYMNTS

Go Global Retail announced its plans to acquire the assets of ModCloth from Walmart. ModCloth offers exclusive indie and vintage-inspired women’s clothing, shoes, handbags and accessories for 18- to 35-year-old women, while Go Global Retail is a brand investment platform for strategic investors in the consumer sector. billion.

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Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

In fact, according to Cornerstone’s What’s Going On In Banking 2024 report, 14% of banks and 20% of credit unions stated that they are less than 25% complete with their digital transformation. In the face of a digital vendor landscape teeming with activity and competition, financial executives have several key trends to consider: #1.

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QSRs Battle For US Sales With Online Delivery And Payments

PYMNTS

Touchscreen self-ordering kiosks, a new mobile pay app, dedicated pickup areas for mobile orders, digital menu boards and, yes, in-store WiFi will make up its digital strategy. As a result, the company announced in 2017 that it would be closing hundreds of locations and is now testing new restaurant tech in its stores.

Online 101
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eBay’s Head Of Payments On Localizing Buyer-Seller Experiences

PYMNTS

The COVID-19 pandemic is driving consumers online to shop and pay, and their rapidly changing shopping habits are forcing merchants to rethink their digital strategies. Around The Payments Orchestration Ecosystem. About The Playbook.

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Jet.com And The White House Take On The Price Of Diapers

PYMNTS

That just struck me as bananas,” said Josh Miller, an entrepreneur and former Facebook employee who joined the White House’s Office of Digital Strategy last year as its director of product management. In fact, according to some stats, the poorest Americans pay nearly double what the richest Americans pay for diapers.