Consumer electronics are battling a strong headwind. The scapegoat seems to be Apple, and the impending launch of the iPhone 7 is the only hope for relief. Target blamed its disappointing Q2 earnings on the drop in Apple sales, while Walmart was less inclined to...
“Fall into the Gap” was once a popular marketing tagline for Gap Inc. Now it’s a grim description of the way the company’s numbers are going, except maybe replace the word “Gap” with “chasm.” Get the Full Story Complete the form to unlock this article...
While most retailers didn’t have much to celebrate this earnings season, TJX managed to post another strong set of results – though this time the tone was somewhat less buoyant than usual. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Customers’ tastes, habits, preferences, opinions and attitudes are constantly shifting. A new study looking at the changing habits of consumers explores the role that social currency has in influencing consumers’ shopping habits and preferences. Get the Full Story Complete the form to unlock this article...
American Apparel, the beleaguered U.S. clothing retailer geared toward teens and young adults, has apparently hired an investment bank to explore a sale, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
There were more robots ordered for manufacturing and business purposes in the first half of 2016 than at any point ever before, according to the Association for Advancing Automation (A3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Book lovers might want to rejoice — or at least, there’s new data that shows book sales on the rise for the first time in years, which could harken a potential return for the struggling bookseller industry. Get the Full Story Complete the form to...
Back-to-school shopping season may be in full swing, but holiday shopping season will soon be on deck after that. And one exec from Merkle, the data-based marketing agency with over 100 prominent retail clients, believes retailers need to start planning their holiday shopping strategies now....
Yikes. Talk about a Fizzle. What’s up with the Team USA swimming shenanigans in Rio? What had the world aghast last week – the idea that three American swimmers were robbed at gunpoint by a police imposter – still has the world aghast a few...