Retail

Retail
Mariana Tek On Bringing Concierge Service To Boutique Fitness Booking
December 21, 2018

According to the International Health, Racquet & Sportsclub Association (IHRSA), global “health club” revenue totaled $81 billion in 2015, with 151.5 million members visiting nearly 187,000 clubs. And though general use gyms make up the bulk of that activity, boutique fitness firms have carved an...

Retail
Food Pop-Ups Move Up To Retail’s Adult Table
December 21, 2018

About 1,200 miles, one time zone and significant differences in climate and culture separate New Orleans and Philadelphia, but on Monday and Tuesday nights, that distance can seem much smaller. That’s when Yinzer’s Amazing Cheesesteaks, a 3-year-old food pop-up, serves its goods to bar patrons...

Retail
Gymboree Eyes Bankruptcy Loan
December 21, 2018

With a potential Chapter 11 filing on the horizon, Gymboree Group Inc. is reportedly looking for a bankruptcy loan. That financing could allow some of the retailer’s stores to remain operating as the company seeks a buyer, The Wall Street Journal reported. Get the Full...

Retail
New Products Bolster Nike’s Digital Sales
December 21, 2018

With new products bolstering online sales of apparel and footwear, Nike came out ahead of Wall Street quarterly estimates. The company’s stock rose 7 percent on the news on Thursday (Dec. 20), Reuters reported. Get the Full Story Complete the form to unlock this article...

Retail
Ikea Buys A Stake In Traemand To Broaden Its Service Offerings
December 20, 2018

Ikea’s parent firm, Ingka Group, has purchased a 49 percent stake in U.S. kitchen installation firm Traemand as it pushes to expand and enhance its service offerings for customers. The purchase of such a large stake come after the two firms have been working together for...

Retail
Rinse And Repeat? Laundry As A Subscription
December 20, 2018

To give consumers one less chore to complete in their day-to-day lives, startups have picked up laundry and returned clean clothes to customers for years. One of them, California-based Rinse, was founded five years ago. Ajay Prakash, the company’s co-founder and CEO, noted that the...

Retail
NightFood: Making Ice Cream A Healthy Midnight Snack
December 20, 2018

Though doctors strongly advise against it, Americans like to snack at night. 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...

Retail
US Shoppers To Spend $26B On Dec. 22
December 20, 2018

Data shows that this coming Saturday — December 22 — is poised to be the biggest shopping day of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Global Economic Uncertainty May Affect Final Lap Of US Holiday Shopping Season
December 19, 2018

Even though it’s off to a strong start, troubles in Europe and a global consumer slowdown could adversely affect the final stretch of the holiday shopping season, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...