“I’ve been on Amazon a lot and never smelled a pork loin.” 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...
Luxury retailer Saks Fifth Avenue is taking a stand against the ongoing push for artificial intelligence (AI) in the brick and mortar shopping experience. In a recent interview on CNBC’s “Squawk Box,” Saks’ president Marc Metrick explained he is not intimidated by the digital trend. Get...
Turns out “mall” is a passé, a name, a nomer that hearkens back to the musty days of the 80s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Walmart’s Sam’s Club abruptly shuttered locations in several states, with some employees learning of the closures as they arrived for work. But the membership-only retailer said it had closed the stores following a “review,” according to news from Reuters. Get the Full Story Complete the...
In the world of connected commerce, much of the technology seems to have been ripped straight from science fiction. Cars that drive themselves, drones buzzing through the air, artificial intelligence (AI)-powered assistants that are always ready to jump in with a suggestion or service, robots...
Diebold Nixdorf will showcase its latest in retail technologies at the National Retail Federation’s show next week, a few days after announcing that Mark S. Brewer has joined the company as senior vice president and managing director of global retail. Get the Full Story Complete...
The CEO of Domino’s Pizza, J. Patrick Doyle, said the rumors are simply not true: He’s not moving to Chipotle Mexican Grill to turn business around at the quick service restaurant (QSR) chain, Reuters reported. Get the Full Story Complete the form to unlock this...
Sears has announced a new financing lifeline and will be scaling back costs as it attempts to return to profitability. The company is also closing more stores, according to reports from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Even as Kohl’s Corp. downsizes its stores, its president and CEO Kevin Mansell says brick-and-mortar locations are key to its success, CNBC reported Tuesday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...