After looking sluggish in the first few months of the year, U.S. retail sales bounced back a bit in March, according to figures just released by the Commerce Department, The Wall Street Journal reported. A bit of a commerce chill settled on consumer-spending patterns in the...
About two years after J. Crew decided to close its wedding-dress business, Gap Inc. plans to shutter Weddington Way shops within Banana Republic stores, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
With more than double the average monthly visits of JCPenney’s website, Macy’s has been ranked the top eCommerce destination for apparel in SimilarWeb’s latest index. The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. Get the Full Story Complete the form...
Kids these days would rather spend their bucks at Starbucks than on the latest fashion. Piper Jaffray’s semi-annual teen spending survey shows that, once again, America’s youth would rather invest in a casual meal with friends than in a killer wardrobe to impress their peers...
There could be so much more to a cashier-less checkout experience — and for so much less than what Amazon is spending to do it at its bespoke Amazon Go convenience and grocery stores. That’s not to say Amazon Go is a bad system; it...
Target is gearing up to test a new service that relies on devices inside the home to monitor and order items such as toilet paper and paper towels when supplies get low. Get the Full Story Complete the form to unlock this article and enjoy...
While a crowdfund to save Toys R Us isn’t performing well, one billionaire toy executive isn’t giving up on his dream of rescuing the retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Concerns over customer loyalty — as well as increasing competition in the craft coffee market — have caused one Wall Street analyst to cut his price target on Starbucks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
John McPheters came from an era in which sought-after sneakers – and other products – weren’t easy to come by. Buyers and sellers connected through a variety of means, from eBay to person-to-person transactions. Get the Full Story Complete the form to unlock this article...
