Retail

Retail
Shake Shack’s Complex Evolution To Digital
June 06, 2018

For every innovation that changes the world, many … don’t. The difference between what works and what doesn’t is often measured in micrometers — not feet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Housing Supply And Demand Imbalance Drives Home Improvement Store Sales
June 05, 2018

Millennials are finally moving out of mom and dad’s house and creating their own households, which has increased demand in the housing market. At the same time, supply has taken a hit due to a shortage of skilled labor. Rising mortgage rates and lumber prices...

Why Delta’s CEO Isn’t Sweating Low-Cost Transatlantic Competition
June 05, 2018

For many big carriers contemplating the rise of low-cost, low-frill airlines like WOW air and Norwegian (which offer inexpensive flights across the Atlantic that generally and vastly undercut the cost of offerings the big, global players make), there is a feeling of concern at the...

Retail
Rue La La Snaps Up Gilt From Hudson Bay
June 05, 2018

Flash sale relative newcomer Rue La La has snapped up Gilt Groupe, an eCommerce site that specializes in designer goods at a deep discount. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Startups Compete With Facebook For Home Services
June 05, 2018

Consumers who want to hire a home services professional to, say, fix a broken air conditioner, are sometimes faced with a dilemma: Who do they call for a repair? When on-demand home services platform Lula debuted in 2015, there weren’t a ton of options, but...

Retail
Melding Luxury Brands And Street Design While Rewriting The Essence Of Omnichannel
June 05, 2018

When most people consider a “buy online, pick up in store” arrangement, they’ve already made the purchase when they arrive to collect their item. However, for SSENSE (pronounced essence), at its first retail location, the Canadian eCommerce brand turned physical retailer has opted for a slightly different...

Retail
Starbucks Exec Chairman Schultz Steps Down
June 05, 2018

After growing Starbucks from a humble 11 stores to a worldwide operation with 28,000 locations in 77 countries, Howard Schultz is stepping down as executive chairman and a member of the company’s board of directors. Schultz will become chairman emeritus as of June 26, the coffee chain said...

Retail
IKEA Cancels Planned Stores Amid Focus On eCommerce
June 04, 2018

Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee and Arizona. Instead, IKEA is focusing its efforts on eCommerce sales, USA Today reported. Get the Full Story Complete the form to unlock...

Retail
For Days Turns Sustainability Into Customer Loyalty
June 04, 2018

There are, perhaps, few moments sadder in the life of a wardrobe than when a beloved t-shirt is laid to rest. Maybe the collar is a memory or it is more hole than t-shirt. Whatever the reason, saying goodbye to a t-shirt can be hard....