As retail chains continue to shutter their doors on brick-and-mortar locations, they’re having a surprising impact on the communities around them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Instacart has eaten up another market sector by partnering with Wegmans, a family-run East Coast grocery chain with 92 stores and $8.4 billion in annual sales. This is the next move in the San Francisco grocery delivery startup’s quest to push business beyond dense city...
In retail, excess inventory is not exactly anyone’s idea of good news since, according to Ronen Lazar, co-Founder and CEO of INTURN, done badly “it can cripple a brand’s equity and eat up its margins.” Get the Full Story Complete the form to unlock this...
The Federal Reserve’s ability to continue to raise interest rates in 2017 may be halted given consumer prices fell unexpectedly last month amid the biggest drop in retail sales in more than a year. Get the Full Story Complete the form to unlock this article...
“We want our products to be here tomorrow. We call them evergreen products,” Melissa says. “People call and ask, “What’s hot this year?’ And I say, ‘I have no idea.’ I’m looking backwards at what was amazing a century ago and trying to reinvent that.”...
Just because brick-and-mortar locations are closing, that doesn’t mean there’s been any sign of retail sales overall slowing down. 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...
For grocery shoppers who value “fresh,” there’s nothing fresher than a SnapChat story — after all, they’ve only got a shelf life of 24 hours before they expire. So using Snapchat to illustrate grocery products’ freshness was a bit of a stroke of genius on...
In an interesting turn of events, an online company is making the move into its first brick-and-mortar space. 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...
While there were talks of luxury department store Neiman Marcus getting acquired back in March of this year by Hudson’s Bay Company, that’s no longer the case. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
