PYMNTS
DECEMBER 12, 2019
The obituary for brick-and-mortar retail has been written many times. Retailers need to seize the moment when shoppers return gifts. Preparing for returns is a best practice; leveraging returns intelligence to inform product development and new customer acquisition strategies is next-practice retail.”. Consumer Trends.
PYMNTS
AUGUST 27, 2018
It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.
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PYMNTS
JANUARY 10, 2019
The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. that the company is visiting sites of now defunct retail spaces. For example, Whole Foods managers went to a site in Utah that used to be a Kmart. Sources told Yahoo!
PYMNTS
OCTOBER 12, 2018
Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.
PYMNTS
DECEMBER 6, 2018
Given the “Amazon effect” that has blown through retail like a cold wind over the last decade or so, many speculated that the Kohl’s attempt to boost foot traffic was about to go down in history as inviting the fox to guard the henhouse. “This is the quintessential Kohl’s shopper we want to see in the future,” she said. .
PYMNTS
NOVEMBER 15, 2016
In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. said Nish Lathia, general manager of Amazon Home Services , in the press release. Amazon announced Monday (Nov.
PYMNTS
MARCH 27, 2020
cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. From the supply-chain side, I have to be able to manage a highly perishable inventory,” he said. Enabling such sales required more than just swapping traditional vending machine products for healthier options, however.
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