Retail

Retail
The Lebron Effect On Payments
July 07, 2018

PYMNTS may not have the greatest sports experts in the world, but even we understood the big deal concerning the addition of Lebron James to the L.A. Lakers lineup, and the context of NBA basketball for next season. Get the Full Story Complete the form to unlock this article and...

Retail
Alibaba Tests Out ‘FashionAI’ Concept Store
July 06, 2018

By opening a temporary store with apparel from Guess, Alibaba is testing out its inaugural “FashionAI” concept at Hong Kong Polytechnic University. Guess is looking to use the technology in stores, starting with Hong Kong and mainland China, Retail Dive reported. Get the Full Story...

Retail
Why Mobile Is The Merchant’s Secret Weapon At The Beach
July 06, 2018

Summer is here, which means Americans will be decamping to the beach en masse this summer — hoping to escape the heat, get a tan and, hopefully, finally kick back relax to enjoy the season. Not as many Americans take vacations as they did in...

Retail
Lidl Struggles With US Expansion
July 06, 2018

Despite generating a lot of buzz when it announced plans to expand across the U.S., Lidl has struggled to gain a foothold in a U.S. grocery market that has suddenly become a breeding ground for the hyper-competitive. Get the Full Story Complete the form to...

Retail
Hobby Lobby May Take Up Shop In Former Toys R Us Stores
July 06, 2018

Following the closure of Toys R Us stores in June, retailers in the hobby and off-price segments may fill some of the larger empty big-box spaces. Companies such as Big Lots and Ashley Homestore had bid on the properties in bankruptcy court, but one hobby retailer...

Retail
US Tariffs Could Hit Retailers Hard
July 06, 2018

Though tariffs may not be good for American retailers and consumers, according to an expert, some retail segments may be more susceptible to the effects of a so-called trade war more than others. That outlook, though, could potentially change, TheStreet reported. Get the Full Story...

Retail
Five At Five: Amazon’s Christmas Plan — And Its New Challenge From eBay
July 05, 2018

Welcome to Five at Five, your late look as the day’s payments and commerce news. Coverage includes Amazon’s new holiday and grocery plans, and a new challenge it faces from eBay. Ripple faces another lawsuit related to its digital currency technology, and there is word...

Retail
Reliance Industries To Take On Walmart And Amazon In India
July 05, 2018

The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced its intentions to enter the ring in Indian retail, with a platform designed to create an omnichannel experience for India consumers....

Retail
Barnes And Noble Fires Its CEO
July 05, 2018

A violation of company policies has cost Barnes & Noble CEO Demos Parneros his job. 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,...