It’s common for startups to pivot from their original missions when it’s clear that the market is presenting them different opportunities. What’s not common is for the founding CEO of an established startup to elect to leave just as his company has established a foothold...
During a recent earnings call with investors, Macy’s CEO Terry J. Lundgren hinted at the possible repurposing of retail space in key stores — including its flagship 34th street location — in an attempt to attract more millennials into their retail spaces, according to Racked....
In the war of offering the most convenient services to customers possible, on-demand platforms are in a veritable arms race to add new content and features. Not one to fall behind the pack, Amazon just added a major ally to its camp. Get the Full...
Despite its nationwide spread and ubiquity with consumers, few mention the U.S. Postal Service when it comes to leading carrier services in retail. However, the USPS isn’t letting an old-fashioned reputation hold it back from new-age success. Get the Full Story Complete the form to...
Retailers in the U.K. are hoping Christmas food and gift shopping will give a boost to sluggish holiday spending, which slumped in November. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
How can a brand move mobile customers from “browsers” to “shoppers”? What’s behind Indochino’s CEO replacement? Those questions are answered -- plus, we explore the new frontier for online-to-offline -- in this week’s edition of the O2O Tracker.
Household spending, paired with a buildup in inventory, was the engine driving economic growth in the Eurozone during the financial quarter that ended in September, offsetting a rise in imports that slowed expansion some. Get the Full Story Complete the form to unlock this article...
Investors looking for a stable play in retail don’t have many places left to turn, and as consumer opinions grow even more fickle, placing big bets on brand names is more than the average stock broker can take. Get the Full Story Complete the form...
Retail hiring was on the decline again in November, down 5 percent, according to outplacement firm Challenger, Gray & Christmas’ latest report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
