The University of Washington is unveiling a new lab that will allow retailers (such as Costco and Nordstrom), delivery services (such as UPS), urban planners, commercial developers, logistic experts and other stakeholders to collaborate to, ideally, come up with the future of delivering goods in urban areas, according...
The average Walmart shopper is a white, 50-year-old woman with an annual household income of $53,125. 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...
Some of Walmart’s managers are getting a pay raise, but it could be so that the retail giant can circumvent new federal overtime rules, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Lands’ End, the fashion apparel, accessories and home furnishing retailer, has never been known as a company to make a lot of waves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It is known as the “IKEA effect,” and actual scientific study has been dedicated to it. However, even a non-scientist can watch the IKEA effect in action by attending a garage sale somewhere on Earth this weekend where someone is selling a piece of IKEA...
David Lauren — son of company founder and namesake Ralph Lauren — will be promoted to the newly created position of chief innovation officer, according to a recent filing with the SEC. Lauren has been one of the primary movers and shakers within Ralph Lauren...
In the race to create the best possible customer experience, home goods retailer Crate and Barrel is turning to tablet tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
America has met its newest hero. 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 completing this form, you agree to receive...
One Kings Lane, the home furnishings retailer once valued at more than $800 million, was bought earlier this year by Bed Bath & Beyond for just $11.78 million, according to Fortune. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
