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...
Returns are an inevitable part of holiday shopping, and this year, shoppers are forecasted to bring back a whopping $90 billion to $95 billion worth of goods that were purchased during the holidays. The increase marks a predicted 15 percent to 20 percent rise from...
The rise of eCommerce in France has been changing the way retailers operate in the country, and it’s been worrying workers and citizens alike over concerns that the job market will fundamentally change, according to a report by The New York Times. Get the Full...
