Search results for "brick and mortar"
-
310RetailH&M Looks To Shutter 250 Stores Amid Digital Shift
October 01, 2020As the coronavirus health crisis has moved more consumers online, H&M has indicated that it intends to reduce its worldwide brick-and-mortar footprint...
-
268Merchant InnovationHow Showfields Adapted To The New Digital Economy
October 01, 2020New York City's shelter-in-place measures profoundly challenged rotating retail concept store Showfields, a business offering an immersive shopping experience for digital-first and...
-
457Buy Now Pay LaterOAK + FORT On Offering BNPL Options To Expand Consumer Reach
October 01, 2020Many consumers are sticking to buying basics during the pandemic, leaving some luxury brands struggling. In the Buy Now, Pay Later Tracker,...
-
1.8KEconomyUS GDP declined by 31.4 percent in Q2, Slightly Better Than Estimates
September 30, 2020For the U.S. GDP, a slight improvement of some very bad numbers is an improvement, technically. But the bar was set pretty...
-
527Partnerships / Acquisitions36 M&A Deals Worth At Least $5B Announced In Q3
September 30, 2020As business leaders reworked firms to contend with COVID-19’s effects and private equity firms sprang on targets, a revitalization in mergers and...
-
808RetailCDC’s New Guidance Will Do Little To Boost Brick-and-Mortar Holiday Shopping
September 30, 2020The U.S. Centers for Disease Control and Prevention’s guidelines when it comes to celebrating and preparing for the COVID era’s holiday shopping...
-
5.0KMerchant InnovationNEW REPORT: How Voice Assistants Help Win Consumer Spend – And Their Trust
September 30, 2020More than 100 million consumers in the United States have switched from shopping in stores to shopping online since the pandemic began,...
-
2.2KBuy Now Pay LaterOAK + FORT: Flexible-Payment Plans Boost Luxury Purchases
September 30, 2020Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. Merchants are optimizing their eCommerce operations,...
-
1.3KDeliveryWhy Instacart, DoorDash And Other Delivery Firms Are Moving Beyond Just Food
September 29, 2020If the holiday shopping season is divided into two groups — those who love to go shopping vs. those who don’t —...
-
1.3KRetailRetail Bankruptcies On Track This Year To Hit 2010 Levels
September 29, 2020Brick-and-mortar retailers felt the pain at exaggerated levels due to the pandemic, according to the bi-annual BDO Bankruptcy Update. Government-mandated store closures,...
-
941PersonnelDisney Cuts 28,000 From Its Parks, Resorts Division
September 29, 2020Disney announced that it is laying off 28,000 employees across its Parks, Experiences and Products unit, CNN reported, due to the economic...
-
1.0KNewsGetting A Hand-le On Amazon’s New Pay-By-Palm-Print Service
September 29, 2020Another day, another Amazon addition to in-store payments. This time it’s Amazon One — a new method of touchless payment at checkout...
-
1.3KRetailToday's Top Retail News: Holiday Spending Looks Flat; Target Meets Amazon Prime Challenge
September 29, 2020In today’s top retail news, holiday spending is expected to be flat this year, Bed Bath & Beyond rolls out same-day delivery...
-
1.3KRetailBed Bath & Beyond Debuts Same-Day Delivery
September 29, 2020In a move that expands omnichannel shopping offerings for shoppers ahead of the holiday season, Bed Bath & Beyond Inc. has rolled...
-
1.0KRetailTarget Meets Amazon At Point Of Attack With ‘Deal Days’
September 29, 2020Another contender has joined the Prime Day counterprogramming battle. Target announced on Monday (Sept. 28) that its “Deal Days” will compete day-to-day...
-
1.1KRetailQ4 Outlook: Consumer Mindset Is The Wild Card
September 29, 2020The consensus opinions are starting to show up on the retail fourth-quarter calendar. With Amazon's confirmation of Prime Day and Target’s follow-up...
-
1.6KRetailJ2 Global Agrees To Buy RetailMeNot For About $420M
September 29, 2020Web information and services firm J2 Global, Inc. said on Tuesday (Sept. 29) that it has entered into a deal to buy...
-
1.5KRetailFootwear Firm Allbirds Raises $100M
September 29, 2020Allbirds, the New Zealand-American footwear company, has closed on a $100 million round of Series E funding. Sources told Hypebeast.com the latest...
-
1.1KBank RegulationHow Middle Eastern Merchants Can Keep Up With Pandemic-Driven Privacy, Payment Shifts
September 29, 2020Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA)...
-
1.2KRetailCDC Encourages Online Holiday Shopping To Keep Consumers Safe
September 28, 2020The Centers for Disease Control and Prevention (CDC) has some advice for holiday shoppers who prefer brick-and-mortar stores to online shopping: avoid...
-
1.3KRetailALDI To Test Online Grocery Ordering At UK Stores
September 28, 2020ALDI, the German discount grocer, is taking another big step into the world of eCommerce as the coronavirus pandemic reshuffles the retail...
-
1.7KRetailBoosted Commerce Rides The Marketplace Tailwind
September 25, 2020With 44 percent of U.S. eCommerce business, it’s hard to say that anyone truly competes with Amazon. But there is a small...
-
1.6KReal EstateNRF: More Than Half Of Retailers Received Rent Relief Amid COVID-19
September 24, 2020Retail sales have seen very modest year-over-year gains since June, but many brick-and-mortar operations continue to suffer amid the pandemic. PJ SOLOMON,...
-
1.4KRetailGrocery Roundup: DSW Tries Selling Shoes In Supermarkets, Amazon Fresh Expands, Costco Misses An Opportunity
September 24, 2020The race among the nation’s grocers carried on this week, as the big names continued attempting to expand their influence throughout the...
-
1.9KDeliveryInstacart To Offer Same-Day Delivery Of Sephora Products
September 24, 2020As customer demand increases, Instacart, the San Francisco-based grocery delivery service, announced on Thursday (Sept. 24) a partnership with Sephora to offer same-day...
-
1.5KRetailManifesting Retail’s Week Of Revolution
September 24, 2020Retail, for all intents and purposes, has always been an interdependent system. Supply depends on demand; demand depends on supply; supply depends...
-
1.6KRetailMen’s Wearhouse Debuts New Streamlined Store Design Near Houston
September 24, 2020As many retailers shutter brick-and-mortar stores while others invest in their online outlets, Men’s Wearhouse has renovated what it calls a next-generation...
-
2.1KDigital PaymentsPayPal’s Rainey: CFOs Must Focus On Customers (Not Just Cash Flow) Amid Great Digital Shift
September 24, 2020Amid the myriad challenges of 2020 — the pandemic, the wildfires, the hurricanes, the social unrest — the silver lining might be...
-
2.1KRetailMacy's CEO: Stores Give Retailer Flexibility During Holiday Season
September 23, 2020Macy's is preparing a variety of possibilities for holiday sales amidst the pandemic, including starting deals early and offering omnichannel options, CNBC...
-
2.0KCommerce ConnectedAmazon Tells Echelon Fitness To Stop Linking Its Connected Bike To Prime
September 23, 2020Echelon Fitness is finding itself in hot water with Amazon over Echelon’s new “EX-Prime Smart Connected Bike,” which it claims was developed...
-
1.7KHealthcareGoodRx’s IPO Shows Disruption Could Be The Cure For Costly Prescriptions
September 23, 2020On a day when the tech-heavy Nasdaq Composite Index fell more than 3 percent, one new issue stood out. Shares of GoodRx...
-
2.0KRetailToday’s Top Retail News: Nike CEO Touts Digital; KKR Purchases 1-800 Contacts
September 23, 2020In today’s top retail news: Nike’s CEO touts digital commerce as the “new normal,” KKR will acquire 1-800 Contacts, and Amazon is...
-
1.1KInternet of ThingsGoogle Touts Services For Local Brick-and-Mortar Businesses
September 23, 2020Google says that six months of COVID-19 restrictions have produced changes in shopping habits that in typical times would have taken 10...
-
1.6KDigital-First BankingToday In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks; Deutsche Bank, PNC Plan Branch Closures
September 23, 2020In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche...
-
1.7KNewsToday In Retail News: Philadelphia Mall Reopens, Ralph Lauren Cuts Workforce
September 22, 2020In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America...
-
1.5KBankingDeutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints
September 22, 2020Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. These are just...
-
1.5KRetailWalmart Uses Drones To Deliver COVID-19 Test Kits
September 22, 2020COVID-19 test kits may soon start dropping from the sky onto driveways, backyards and sidewalks in Las Vegas as Walmart takes development...
-
1.6KRetailIn China, Green Shoots For Luxury Spending To Prove Fragile?
September 22, 2020Chinese consumers may be starting to open their wallets to buy luxury goods – but it remains to be seen whether the...
-
1.7KRetailRalph Lauren Cuts Workforce; Focuses On eCommerce
September 22, 2020The combined dynamics of the digital shift and the pandemic have caught up to Ralph Lauren. Tuesday morning (Sept. 22) the company...
-
1.6KRetailCPG Companies Capitalize On Dramatic Digital Shift
September 22, 2020Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the...
-
2.7KSecurity & FraudEMV 3DS: Why 2020 Is Different
September 22, 2020“Never buy a couch without consulting your spouse.” It’s timeless advice, but PAAY Chief Technical Officer Adam Gluck told Karen Webster that...
-
2.9KB2B PaymentsB2B Payments Digital Shift: Carding The ‘Uncardable’ Corporate Spend
September 22, 2020In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that...
-
1.7KRetailWalmart Launches Private Label Fashion Brand
September 21, 2020Walmart wants to bring a bit of the high-fashion catwalk to its store aisles. The retail giant is starting “a fashion essentials-inspired...
-
1.6KRetailBatteries Plus Bulbs: Powering The Digital Shift – Literally
September 21, 2020If brick-and-mortar retail is fading, Batteries Plus Bulbs never got the email. Not only is the 723-store nationwide chain thriving, franchise interest...
-
1.4KCommerce ConnectedDeep Dive: Why Retailers Are Merging Online, In-Store Shopping For The Omnichannel Age
September 21, 2020Most eCommerce shopping tools and sites that have seen usage surge during the pandemic have never been stressed to this extent. Consumers...
-
2.0KB2B PaymentsWhy The eCommerce Model Is More Accessible To SMBs Than They May Think
September 21, 2020The pandemic has brought out the best in many B2B service providers looking to help their business customers that struggle amid market...
-
3.5KRetailLululemon CEO: ‘We’re Building More Stores’
September 18, 2020Don’t tell retail executive Calvin McDonald that construction of brick-and-mortar stores is a thing of the past. The CEO of Lululemon Athletica...
-
2.5KDigital PaymentsHow The Pandemic Made QR Codes Sizzle
September 18, 2020QR codes have become the star player on the digital payments stage in China and throughout Southeast Asia. Consumers and businesses are...
-
1.9KRetailPandemic Predictions: Holiday Forecasts Depend On Three Factors
September 18, 2020When the pandemic first took hold of the retail industry in March and April, the phrase “it’s hard to forecast during a...
-
1.6KToday In DataThe Digital Shift In Retail And Pet Spend
September 18, 2020Shoppers flocked to digital platforms in the first months of COVID-19 as “nonessential” brick-and-mortar stores closed – and a number of consumers don’t have...
