Tencent Holdings, the company that developed mobile payment app WeChat Pay, has teamed up with Network International to allow for the service to be available across the United Arab Emirates, according to a release on Monday (Feb 24). Get the Full Story Complete the form to...
Another bankruptcy; another week of trying to sort out the problems at retail. With news that Pier 1 Imports has filed for Chapter 11 bankruptcy, a new spotlight is on an old contention: The U.S. simply has too many stores to support them all and...
The potential of social commerce – consumers transacting directly through their various social media channels – has been talked up for the better part of the last decade. The logic is simple and compelling: Consumers are already hanging out, being prompted with ads and, in...
To bolster its lumbering smartphone business, Sony has debuted its inaugural 5G smartphone. On Monday (Feb. 24), Sony introduced its Xperia 1 II flagship handset, which is the Japanese technology firm’s maiden phone capable of 5G, as CNBC reported. Get the Full Story Complete the...
As 2020 unfolds, the retail business has been dramatically altered. Macy’s started the year by laying off employees and closing stores. Simon Properties led a team of investors to essentially buy out one of its tenants, Forever 21. And the supermarket business has thinned its...
Consumers are taking home improvement projects into their own hands, and they are tackling construction work instead of turning to others for help. While half of consumers who needed a home improvement project brought on a professional to do the work, one estimate found that...
To bring its doughnuts to consumers throughout the country, Krispy Kreme plans to roll out nationwide delivery on Feb. 29. DoorDash, the on-demand delivery platform, will send boxed coffee as well as doughnuts by the dozen. For most shops, a delivery fee of $4.99 will...
For those seeking streetwear-themed food, there is a cornucopia of options. Ground zero seems to have been Taco Bell and Forever 21’s 2017 team-up to combine fast food and fast fashion into a single entity – fast-food fashion. The initiative got a lot of attention, sold a lot of...
Looks like retail sales are back on the street. With direct marketing hit by robocall abuse and the National Do Not Call Registry, direct-to-consumer (D2C) brands and other not-so-usual suspects are looking into and in some cases reinstating door-to-door sales. Get the Full Story Complete...
