Women’s clothing retailer Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey, according to a Thursday (Jan. 14) statement from the company. Get the Full Story Complete the form to unlock...
For many retailers, the digital shift was hobbled by legacy IT systems and integration complexities. Toshiba Global Commerce Solutions CEO Rance Poehler told Karen Webster that its new commerce platform, Elera, enables microservices that delivers “Amazon Go at scale” for large format grocery stores and...
The relationship announced Wednesday (Jan. 13) between Walgreens, Mastercard and Synchrony is more than a standard co-brand deal. The three companies will now team up to provide a mix of data, payment vehicles and loyalty program enhancements. Get the Full Story Complete the form to...
Arguably the best culinary time of the year is approaching as the Girl Scouts are once again peddling their delicious wares to the general public. Over the next few weeks the seasons of Thin Mints, Tagalongs, Lemonades and Peanut Butter Patties will once again be...
The 2021 initial public offering (IPO) season is off to a fast start for the payments and commerce business, including an expected filing next week from reCommerce platform Poshmark. The closely-watched filing should list sometime before the end of the month, according to reports, and...
In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. said it has seen quarter-to-date comp sales grow by roughly 7.5 percent. Plus, Target reported that comparable digital sales increased by over...
Struggling or shuttered shopping malls are sometimes redeveloped into medical buildings, multifamily residences and even Amazon distribution centers, but some are finding new life as headquarters or campuses for major corporations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
General Motors is launching a new division called BrightDrop to offer what the automaker describes as an entire “ecosystem” of software, services, electric trucks and other equipment to provide shippers with eco-friendly first- to last-mile delivery. Get the Full Story Complete the form to unlock...
Target reported Wednesday (Jan. 13) that comparable digital sales more than doubled during the holiday period, while in-store sales also surprisingly grew despite the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
