Chinese consumers are about to get their purchased items sooner. Walmart is pairing up with JD.com — Alibaba Group’s competitor — for a two-hour delivery service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The movement toward mobile payments has been a strong one, but brands and retailers have been slow to adopt to that change, according to a recent report, NewStore’s eponymous and inaugural NewStore 2016 Mobile Retail Report. Get the Full Story Complete the form to unlock this...
While Black Friday may not be the automatic frenzy inducer it has been in years past, the expectation is that it will perform at least as part this holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Handbags, shoes, watches and designer clothing — season to season, what was in before is now out. And what’s out these days is luxury brands’ sales growth. It’s “so out” that experts say that the holiday season for high-end luxury will likely hit its lowest...
CVS is launching its mobile payment solution CVS Pay after a test pilot showed a positive response from customers. Both iOS and Android users can download CVS Pay, and all major credit cards can be loaded including Discover, American Express, Mastercard and Visa.
Some things customers will always need — and always need a lot of: paper towels, Windex, garlic powder. And buying as much as possible whenever possible will usually be money well-spent. Wholesale clubs, like Costco and Sam’s, are built almost entirely around this concept. At...
It seems that Banana Republic is a contracting chain, as its parent company, Gap Inc., has announced it will be shuttering all U.K. locations of the struggling retail brand. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Recent reports indicate that, when Walmart wants its market share back, it does not scale back the exuberance with which it is willing to pursue it. Walmart is cutting its prices as it aggressively moves to clawback market share from Target and various dollar stores...
With predictions that holiday spending is expected to reach its highest point since the Great Recession this season, we look at what’s “in” and what’s “out” this week in the retail world. Macy’s is the early bird so far in pecking away at the holiday...