For physical retail, and department stores in particular, it’s both the best of times and worst of times. The headline topping the news this week was that, in 2019, more than 4,800 retail locations have or will close. Furthermore, reports of weak holiday sales results from department stores in the U.S....
The presidential running season, like the holiday shopping season, seems to get a little longer every time. The next presidential election is in 603 days. There might have been a time when we would have wondered if nearly two years is a bit long to...
Raki Phillips was tired of cupcakes. 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 completing this form, you agree to...
With a rise in discretionary spending and building materials purchasing, retail sales in the U.S. increased by 0.2 percent in January. At the same time, however, it was noted that retail sales fell by 1.6 percent in December compared to the 1.2 percent that was...
In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. These systems can provide restaurants with the ability to check their inventories or update their menus, for example. But interest in this...
Digital platforms are connecting landowners with outdoor enthusiasts who want to use their land in the age of Airbnb. PrivateAcre is “a way for a new generation to access the outdoors,” Erik Johnson, the company’s co-founder and president, told PYMNTS in an interview. With the...
Amid plans to scale back its brick-and-mortar footprint, Tesla announced it intends to have more locations stay open than it had planned. At the same time, the company plans to increase the price of many of its vehicles by roughly 3 percent globally, The New...
Retailers kept up the trend of shuttering stores last week, with Dollar Tree, Abercrombie & Fitch and Amazon making announcements on that front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Barbershop brand Johnny’s Chop Shop will be coming to 3,500 Walmart stores. 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 completing...
