The U.S. division of retailer L’Occitane has filed for Chapter 11 bankruptcy in New Jersey. The company said the move is part of its plan to implement a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” Get the Full Story Complete the...
The National Retail Federation’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast — especially when it comes to their embrace...
Call it a designer pothole, the Gucci gap or a Burberry bump in the road — whatever name you choose, the reality is that the post-Brexit fine print caused by the U.K. leaving the EU on Jan. 1 has emerged, and appears to be gumming...
In today’s top retail news, Cox Automotive has released its Complete Retail online experience, and Pinterest is introducing an augmented reality (AR) try-on tool to help users with testing and comparing eye shadow. Plus, CVS Health has finished the first round of COVID-19 vaccines to...
Twenty-two-year-old entrepreneurs Nick Hamburger and Zack Schreier started their first business in sixth grade, charging students at their Chicago-area school $3 for some cool Japanese soda pop that they bought for $1.25 — until the administration shut them down. Ten years later, their latest venture...
Cox Automotive has rolled out its Complete Retail online experience, which lets merchants and shoppers finish the shopping and purchasing processes in any location. The company says it is situated to link each step of the deal process, including “start, flow, sign and close,” according...
CVS Health has provided the first round of COVID-19 inoculations to almost 8,000 skilled nursing facilities throughout the nation. Administration of second doses is occurring and is anticipated to be done within a month, according to a Monday (Jan. 25) announcement. Get the Full Story...
It’s doubtful that many PYMNTS readers play video games. But it’s a sure bet that any kid under 25 does, and probably not just once in a while. It’s gotten to the point where the reality of “professional gaming” is no longer some “out there”...
Godiva, the maker of high-end chocolates that significantly expanded its U.S. retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. Get the Full Story Complete the form to...
