Might Macy’s be a better landlord than retailer? That thought seems to be floating around in recent days, as investors took kindly to the chain’s apparent plan to build what CNBC called “an office tower on top its flagship New York store.” Get the Full...
The move of a retailer to shutter shops and bankruptcy is a sign of difficult times for other retailers based on shopping centres. At that time, it is a troublesome young retailer rue21, whose once bright star quickly fell into the limelight after an overzealous...
To provide a more enjoyable shopping experience and control costs, Walmart is testing ways to digitize its brick-and-mortar stores. The retailer is officially opening its Intelligent Retail Lab at a Long Island Neighborhood Market grocery store location, the Associated Press reported. Get the Full Story...
With concerns that a merger between Asda and Sainsbury’s would raise prices for shoppers, the arrangement has been blocked by the competition watchdog in the United Kingdom. The Competition and Markets Authority (CMA) said the deal would cause longer checkout lines and make prices higher...
In the homesharing market, “caveat emptor” takes on heightened relevance for both sides, particularly when making sure both parties are the real deal. In the latest Payments and the Platform Economy Playbook, Spotahome’s Co-founder Hugo Monteiro explains how establishing that trust is much more challenging...
Intuit’s QuickBooks is introducing a new feature designed to accelerate payments and cash flow for small businesses. 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...
Voice-activated commerce has been the key to connecting commuters. These in-car shoppers spent $230 billion last year and with new retail initiatives and mobile features, this figure is set to increase in 2019.
Technology and advisory company Ideoclick is rolling out a new solution aimed at addressing defects in the Amazon supply chain to help eliminate the risk of chargebacks. In a press release on Wednesday (April 24), Ideoclick announced its Supply Chain Compliance (SCC) solution, a combination of...
Cloud technology is relatively old, considering the pace of innovation in the back office. However, that doesn’t mean every business has taken this seemingly basic first step in digital transformation. The healthcare sector is particularly challenged when it comes to upgrading back-office systems, yet cloud-based...