Look to China, and look some more — that’s one of the main messages in mid-2019 for luxury retailers, at least for ones not based in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In a somewhat surprising turn of events at Walmart’s annual investor meeting, CEO Doug McMillon voiced his opinion that the time has come for Congress to raise the minimum wage beyond $7.25 an hour. Get the Full Story Complete the form to unlock this article...
The world has become so flat that it is impossible to have a truly local experience, because “local” no longer exists. At least not in major world destinations, if a wave of recent think pieces is to be believed. Get the Full Story Complete the...
Stitch Fix had a lot of happy investors Wednesday afternoon (June 5) when the market closed and its Q1 earnings report hit the wires. Earnings and revenue both came in well above expectations, as active client lists continued to grow at a double digit pace...
Near-field communication (NFC) technology isn’t exactly new. For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as well as to provide product information to customers with smartphones. However, the U.S. has been...
Snap, the maker of the disappearing messaging app Snapchat, is rolling out new tools to enable select accounts to operate a store within Snapchat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Walmart has announced it will be bulking up the program by which it allows full-time and part-time employees to access a college degree for $1 a day — by adding more eligible degrees, college partners and a new path for high school students to its...
Getting a foothold in the flower business is not easy for any entrepreneur. The $60-billion-a-year industry is dominated by a few incredibly well-known incumbents, most notably Teleflora, 1-800 Flowers and FTD, the biggest player in the game for more than 100 years. Get the Full Story Complete the...
The era of robotic furniture is upon us, or it will be in 2020, if IKEA’s partnership with Ori to bring robotic furniture to the market pans out as planned. Hong Kong and Japan’s tiny apartment spaces will be the first intended targets for pieces...
