Brookfield Properties Retail Group CEO Jared Chupaila delivered bad news to his employees this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Walmart and financial services giant Goldman Sachs are teaming up to help the retailer’s “Marketplace” sellers gain access to lines of credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. On one side of the spectrum sits the “legion of doom,” or the analysts and consultants who believe the format and the department store tenants that anchor...
The combined dynamics of the digital shift and the pandemic have caught up to Ralph Lauren. Tuesday morning (Sept. 22) the company announced steps to cut its workforce and accelerate its digital transformation. Get the Full Story Complete the form to unlock this article and...
Consumer packaged goods (CPG) – which just four years ago had only a 1 percent penetration rate online – are capturing the digital shift in a dramatic way during the pandemic. As the crisis pushed online grocery into exponential growth during the crisis, CPG companies...
To help local businesses encountering difficulty because of the coronavirus or civil unrest, the Mall of America is contributing a 5,000-square-foot retail space to local businesses called the Community Commons. The space will be rent-free to 17 companies, opening Oct. 1 and will stay in...
IRL, or In Real Life, the social calendar startup created to help users meet over shared experiences, announced a $16 million Series B funding round on Tuesday (Sept. 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Midwestern grocery chain Hy-Vee, Inc. has brought DSW Designer Shoe Warehouse “shop-in-shops” to the Minneapolis-St. Paul area. The inaugural locations opened at the grocer’s Eagan and Brooklyn Park supermarkets, while four additional stores are slated to open in the two weeks to come, according to...
When it comes to digital transformation, the coronavirus crisis seems to have jump-started many enterprises’ modernization efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
