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Forever 21 Stores Hacked

PYMNTS

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating.

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How The DTC Model Is Gaining An Edge In Commerce

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But direct-to-consumer (DTC) retail is undergoing some significant changes, which could help strengthen DTC activities for years to come. Personalization is among the trends gaining fuel in the DTC world, reflecting larger changes in the retail world. One recent example comes from Los Angeles-based Pepper.

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Reseller Market Maintains Momentum With Nordstrom’s Entry

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For See You Tomorrow, Yerdle will power all backend operations including cleaning and repairing of product, inventory processing and fulfillment, pricing and authentication. percent of StockX sales had a retail multiple of 1x to 2x , meaning that resale prices were between zero and 100 percent over retail. It says some 57.5

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California Dreamin’ (Of A Higher Minimum Wage)

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With California’s recent move marking the boldest effort to date to address the wage gap affecting hourly workers, it — and the inherent pressure it puts on other states to make similar strides of their own, regardless of movement (or lack thereof) at the federal level — puts the retail industry in particular in the national spotlight.

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What Serving The Internet’s ‘Underserved’ Means For Payments

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That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. communities. Government Efforts.

Payments 131
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Meal Kit Providers Exit Q2 With Industry In Major Flux

PYMNTS

With millennials working multiple gigs, very few have enough time left to make a proper meal — if they aren’t eating out at a local restaurant. Blue Apron opened up an experiential pop-up retail location in New York City, which featured cooking classes and celebrity chefs. The pop-up opened after Memorial Day and closed in late June.

Industry 100
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Lyft Wants To Reward Consumers Who Sell Their Cars

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7), the transit-as-a-service operator is offering car and truck owners looking to offload their vehicles a deal: Sell those vehicles via online retail service Carvana and get in return $250 worth of Lyft credits, plus three months of free membership in Lyft’s new Lyft Pink membership subscription program.