PYMNTS
DECEMBER 23, 2019
Walmart President and CEO Doug McMillon said during a strategy meeting that supercenters are the focus of the company’s plan. The retailer also intends to create “edge computing” capacity in which data is processed nearer to where it is taken in. Clothes, groceries, televisions and camping gear are on offer.
PYMNTS
JANUARY 21, 2021
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. million in 2019, then cut a deal to bring the name back at Saks. “We The chain eventually closed all U.S.
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PYMNTS
FEBRUARY 6, 2018
Fanatics , a company that sells Team USA merchandise, has taken a novel approach to Olympic retail this year with a physical store in a major U.S. The store marks a milestone for Team USA: It’s their first in-person retail store outside the Olympic Training Center in Colorado. Retail Gold.
PYMNTS
JUNE 21, 2019
These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. However, the company’s luxury unit is continually on the uptick — and travel retail is said to be partly responsible. The company said in an announcement that the fleet from Nuro will serve some customers in Houston who make online orders.
PYMNTS
JANUARY 11, 2021
Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 Cardtronics, based in Houston, Texas, specializes in managing ATMS and self-service financial kiosks. 11) press release. . “The 11) press release. .
PYMNTS
AUGUST 16, 2019
Brick-and-mortar retailers are teaming up with social media platforms to curate labels for their stores and their websites. Kohl’s , for instance, will bring emerging brands to over 50 physical retail locations and online starting in the fall through Curated By Kohl’s. In Other Brick-and-Mortar News.
PYMNTS
AUGUST 10, 2018
Brick-and-mortar retailers have sought to reduce their retail footprint in hard times, and Mattress Firm, Inc. Now, Mattress Firm is reportedly pondering bankruptcy, and analysts say that might be a good strategy for the retailer: Peter Keith of Piper Jaffray & Co. is no exception.
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