News

Retail
J.C. Penney’s Surprise Sales Miss
May 16, 2016

Joining the ranks of the recently embattled department store, J.C. Penney gave up some of its recent gains as share slid 12 percent with reports that sales during the first quarter of the year had fallen by .4 percent, instead of growing by 3.2 percent...

Retail
The Countdown To Whole Foods 365 Is Off And Running
May 16, 2016

The anticipation is officially ramping up, as the Whole Foods Market is now 10 days away from opening its new Silver Lake location — an extension of the brand that will have the distinction of being the inaugural edition of its more scaled down offering...

Mobile Commerce
Mobile’s Global Popularity Is Testing Retail’s Limits
May 16, 2016

Retailers might say that they’re committed to meeting consumers wherever they’re most comfortable doing their shopping, but if some of the resource- and cash-strapped brands had their way, they might have something to say about the ever-increasing mediums over which even the least engaged shopper can research,...

Merchant Innovation
Samsung Launches Charm Fitness Bracelet On Limited Basis
May 16, 2016

Companies with the foresight a few years ago to get into the fitness tracker and wearables space are reaping the rewards big right now. However, those who sat back and watched have enjoyed the luxury of observing this nascent market, and like Samsung, some are...

Merchant Innovation
American Girl’s New Flagship Store Could Be Experiential Retail Model
May 16, 2016

When most retailers talk about retooling their brick-and-mortar locations to chase some shade of experiential retail, it’s all about adding more multimedia distractions on top of a decidedly unentertaining offering. However, now that American Girl is looking down the barrel of a B&M renovation, it...

Are ‘Free Trials’ The Next Wave Of Retail?
May 16, 2016

One startup retailer is breaking the cycle of deep discounts and might be starting a retail revolution in the process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail Checkout Takes A Seat
May 16, 2016

Does the sight of cashiers on their feet indicate a more efficient retail business than one where employees are seated? A recent ruling by the California Supreme Court allowing retail workers to sit down on the job has the industry nationwide weighing the importance of...

India’s Retail Market Set To Reach $38B In 2016
May 16, 2016

Although India’s use of the Internet is comparatively lower than in many other poorer countries, the country’s appetite for eCommerce seems to be growing rapidly, despite that substantial barrier. The retail sector in the region grew by 209 percent from $4.4 billion in 2010 to...

Mobile Commerce
BlueSnap Raises The Bar On Mobile Checkout Friction
May 16, 2016

Global payments technology firm BlueSnap said on Monday (May 16) that MasterCard’s MasterPass is now available across the firm’s Powered Buy Platform. The relationship, noted BlueSnap in its announcement, lets merchants have the “frictionless checkout experience” needed in order to reach consumers on a global...