Amazon’s furniture sales are on the move: A One Click Retail study found that the eCommerce retailer has more than tripled sales in that category since 2015. And, in 2017, furniture brought in approximately $4 billion, retail news source Chain Store Age reported. Get the...
Becoming an indirect, wholly owned subsidiary of JD Sports, Finish Line has completed its merger with the European retailer. As a result of the merger, Finish Line and JD Sports will create a multi-channel, multi-brand retailer “with expanded global scope,” according to Finish Line in...
Sometime in the near future, a gig economy or remote worker who lives in an apartment building in Austin, Texas might start their day like this: They will leave their apartment and walk downstairs to a coffee shop where they will grab an iced latte....
Father’s Day has always had some trouble engendering the kind of enthusiasm for gift giving that Mother’s Day does — and we mean always. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Craft store Michaels is reeling from a rough day on the market, suffering through its biggest single-day share price drop since its initial public offering (IPO) in 2014, according to news from The Financial Times. Get the Full Story Complete the form to unlock this...
It’s been a week of experimentation in retail, with many big names opening new types of stores to — as the saying goes — see what sticks. Brands like TJX, Macy’s, craft and fabric retailer Joann, and Walmart’s ModCloth are trying on smaller-format, off-brand and...
As the liquidation of Toys R Us marches on, retailers are bidding on the toy store’s brick-and-mortar locations. The latest successful bidders include ALDI, Ollie’s Bargain Outlet, Raymour & Flanigan, Ashley Furniture and Big Lots, CNBC reported. Get the Full Story Complete the form to unlock...
Grupo Boticário and Natura Cosmeticos — two rising brands in Brazilian beauty — are both being heavily recruited by Amazon to sell via its Brazil platform, according to recently sourced reports in Reuters. The move represents an early play by Amazon on the world’s fourth-largest...
After serving as the VP of technology at The Home Depot, Naveen Krishna is heading to Macy’s to become the retailer’s chief technology officer. In his role, he will lead the company’s technology strategy, in addition to spearheading the teams that build the company’s eCommerce...
