Amid the rush to get gifts before the holidays, shoppers turned up at brick-and-mortar retail stores to pick up their online orders in increasing numbers: Data from Adobe showed that click-and-collect ordering skyrocketed by 47 percent during the lead-up to the holidays from last year,...
It’s a tale of two kinds of brick-and-mortar retailers amid the rise of eCommerce: Some traditional department store chains like JCPenney and Macy’s are shuttering stores, as some retailers with other business models are more than surviving. TJX, the owner of off-priced retailers like T.J....
According to the International Health, Racquet & Sportsclub Association (IHRSA), global “health club” revenue totaled $81 billion in 2015, with 151.5 million members visiting nearly 187,000 clubs. And though general use gyms make up the bulk of that activity, boutique fitness firms have carved an...
About 1,200 miles, one time zone and significant differences in climate and culture separate New Orleans and Philadelphia, but on Monday and Tuesday nights, that distance can seem much smaller. That’s when Yinzer’s Amazing Cheesesteaks, a 3-year-old food pop-up, serves its goods to bar patrons...
With a potential Chapter 11 filing on the horizon, Gymboree Group Inc. is reportedly looking for a bankruptcy loan. That financing could allow some of the retailer’s stores to remain operating as the company seeks a buyer, The Wall Street Journal reported. Get the Full...
With new products bolstering online sales of apparel and footwear, Nike came out ahead of Wall Street quarterly estimates. The company’s stock rose 7 percent on the news on Thursday (Dec. 20), Reuters reported. Get the Full Story Complete the form to unlock this article...
Ikea’s parent firm, Ingka Group, has purchased a 49 percent stake in U.S. kitchen installation firm Traemand as it pushes to expand and enhance its service offerings for customers. The purchase of such a large stake come after the two firms have been working together for...
To give consumers one less chore to complete in their day-to-day lives, startups have picked up laundry and returned clean clothes to customers for years. One of them, California-based Rinse, was founded five years ago. Ajay Prakash, the company’s co-founder and CEO, noted that the...
Though doctors strongly advise against it, Americans like to snack at night. 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, PYMNTS Today. By...
