With an offer that establishes a minimum price on the assets of the bankrupt merchant, Forever 21 Inc. came to a deal on Sunday (Feb. 2) to sell the chain of stores to a group of buyers that encompasses Brookfield Property Partners LP, Simon Property...
“Jobs to be done” – a theory popularized by the late Harvard Business School Professor Clayton Christensen – is the notion that consumers don’t buy products, but they hire them to perform a task they need done. Get the Full Story Complete the form to...
The Super Bowl is nearly upon us – the Kansas City Chiefs are headed to their first “big game” in 50 years to take on the San Francisco 49ers, who haven’t been there since the 2012 season, and haven’t held the Vince Lombardi Trophy since 1995....
The big winner in the headlines race this week was certainly Amazon, which dropped a stronger than expected Q4 earnings report capped off with the announcement that its Prime membership subscriptions had reached the 150 million user mark. Get the Full Story Complete the form...
Target’s venture investment in mattress company Casper could prove to be a case of overspending for the retail giant. 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...
Macy’s is planning to test a new kind of store with a focus on apothecary and beauty products, which could lead to more locations in the future, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The electric scooter and bike race in Washington, D.C. has gotten complicated in the last few months, as the nation’s capital has moved both to expand and contract the dockless electric vehicle program it first rolled out a little over two years ago in late...
Retail and magazines have always had a relationship, mainly through advertising, but also via some other methods over the years. Indeed, during the younger days of eCommerce there was some push among magazine publishers to get more directly involved with retail activities, and that trend...
eCommerce merchants are tapping into brick-and-mortar retail with cashless and cashierless stores. Indonesia’s Blibli.com, in one case, has opened the first location for its BlibliMart grocery brand, which supplements its online supermarket offering while meeting millenials’ demand for quick, inexpensive shopping experiences, The Jakarta Post reported. Get...
