Gift returns have become a holiday tradition in the U.S., with consumers anticipated to send back a record $100 billion worth of unwanted goods bought this year between Thanksgiving and Christmas, The Financial Times reported. Get the Full Story Complete the form to unlock this...
That Amazon is a widely lionized yet simultaneously imitated force in retail is not surprising. Ever since Amazon introduced a one-click checkout, a loyalty program that people willingly paid for, two-day shipping that has compressed to same-day delivery, attempts at reinventing retail by everyone in...
Christmas is now in the 2019 rear-view mirror. Gifts have been unwrapped, and 10 percent of packages are, or are in the process of being returned. This year, confident U.S. consumers spent, and spent big. According to Mastercard, sales are up 3.4 percent and eCommerce sales...
Arts and crafts retailer Michaels has announced that Walmart executive Ashley Buchanan will be taking over as CEO from Mark Cosby, and shares jumped 15 percent after the news, according to a report by CNBC. Get the Full Story Complete the form to unlock this...
With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Atlantic City casinos, as well as their online partners, have brought in $433 million from virtual games through November this year...
In the coming year, the relatively new CEO of JCPenney, Jill Soltau, has much work ahead of her. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Retailers are designing brick-and-mortar spaces around experiences to attract and keep customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
For all the benefits of shopping online in terms of convenience and speed, one of the tradeoffs is that it is essentially a solitary experience. Online shoppers are more or less on their own when it comes to selecting what they want based wholly on...
Top-tier malls in the country, once thought to be impervious to the changing retail landscape, have been struggling lately, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
