IKEA wants to form strategic partnerships with Russian companies to expand its online business in the country. 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...
By some accounts, the 2018 holiday season is going to be a bang-up year for retailers. Unemployment is down and consumer confidence is up. Holiday sales for U.S. retailers are expected to increase 4.8 percent this year, according to the National Retail Federation (NRF) —...
Michael Barlow has called several places home: He has moved five times in seven years and lived with different roommates. But through his experiences, he didn’t have the furnishings that he wanted. “I never actually bought nice furniture,” Barlow, CEO and co-founder of Fernish, told...
Like most innovators, Arielle Charnas was looking to solve a problem when she launched her fashion blog – it just wasn’t a fashion problem. It was a boy problem: Namely, she was trying to impress an older guy she was seeing who had said the...
Target is rolling out a new discount brand, dubbed Smartly, intended to appeal to millennials. The line will include the kinds of household essentials that they might need in their apartments or starter homes, like dish soap and toilet paper. Smartly, which will encompass 70...
Facing a large debt payment, Sears Holdings is reportedly working with boutique consulting firm M-III Partners to prepare a bankruptcy filing. Sources familiar with the matter told The Wall Street Journal that M-III Partners staff have been at the company’s headquarters. Get the Full Story Complete the form...
BuzzFeed is planning to open a toy store in New York City later this fall. 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’s Canadian unit might start selling cannabis-based products in the future, although there are no immediate plans in the works. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
If data is the new oil, then it could be said that retailers are sitting on data gushers. After all, they have terabytes of data flowing across their various retail channels — and then use the insights that come from it to build better consumer experiences. Get the Full Story Complete...