Retail

Retail
How Ridesharing Is Driving Rental Car Industry Innovation
November 15, 2018

In the 1960s, Avis turned to its marketing agency in hopes of tackling a challenge: the car rental company wanted to keep pace with Hertz, which was the top brand for car rentals. The agency, Doyle Dane Bernbach, came up with the tagline “We Try...

Retail
Startup Food Delivery Apps Savor Local Flavor
November 15, 2018

Established food delivery apps that serve customers from coast to coast aren’t the only game in town. In communities across the country, there are also smaller upstarts delivering food to homes and businesses. Take Holland Eats, which caters to 30,000 residents in Holland, Michigan. The...

Retail
Walmart Associates Train For Black Friday With Virtual Reality
November 15, 2018

To enhance the training of its employee associates, Walmart is investing in virtual reality (VR) to help employees experience retail situations like the Black Friday rush. With its initiative, 17,000 headsets from Oculus Go will reportedly arrive at 4,700 stores in the United States, Vox...

Retail
Sears Could Get $350M Loan In Financing Package
November 15, 2018

As Sears faces calls to wind down its operations, the retailer is reportedly putting the finishing touches on a deal for $350 million in financing with Great American Capital Partners, along with other lenders. The potential deal could bring the retailers’ financing package up to...

Retail
2018 Teen Holiday Wish List: Apple iPhones, Fortnite ‘V-Bucks’
November 15, 2018

All teens want for the holidays this year is a new iPhone and some Fortnite “V-Bucks” virtual currency. 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...

Retail
Macy’s Looks To Holiday Quarter To Put A Bow On A Strong 2018
November 14, 2018

Macy’s managed to come out ahead of analyst expectations for the third time in a row during Q3 2018, with earnings and same-store sales all coming in front of earnings forecasts. Macy’s racked up earnings per share (EPS) of $.27 versus the $.14 expected and...

Retail
CVS’ Service-Focused Future
November 14, 2018

Within the next week or so, CVS’s planned acquisition of Aetna is expected to close, pairing the nation’s largest pharmacy chain and the nation’s fifth-largest health insurer under a single banner. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Retailers Team With Providers For eCommerce Payments’ Tear
November 14, 2018

Online shopping is on a tear, and marketplaces are reaping the rewards. Some sites are seeing more active buyers and higher gross merchandise sales (GMS) as consumers look to buy all sorts of items from merchants and creators. Etsy, for instance, recently noted that active...

Retail
How Apps And Bunk Beds Factor Into A New Connected Travel Experience
November 14, 2018

While some accomodations may cater to group travelers with multi-bedroom units, Life House CEO and Co-founder Rami Zeidan believes that might not be the most efficient use of space. “What travelers need is not bigger apartments, but rather more beds in a smaller space,” he...