As anchor stores scale back their brick-and-mortar presence in malls, is their departure necessarily a big loss for shopping centers? Class A malls might, in fact, benefit by finding new uses for the space these stores leave behind. Get the Full Story Complete the form...
While Walmart has taken a majority stake in Flipkart, the company’s operating structure will remain the same: Flipkart Co-founder and Group CEO Binny Bansal said that the company will continue to be led by its board of directors, Livemint reported. Get the Full Story Complete the...
“Blame It On the Rain” is more than the song that ended the musical career of early 90s sensation Milli Vanilli. The phrase is also a familiar refrain in retail — sung by retailers when disappointing results come at the same time as a streak...
And the award for “techiest” retailer goes to … Walmart? 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...
After a winter that seemed on track to last forever, summer has arrived, and with a vengeance in some parts of the United States. That means people nationwide are looking for ways to stay cool — including parents who will spend the GDP of a small nation...
As Claire’s Stores seeks to attract investors and potential buyers, the retailer has gained approval to close 37 of its brick-and-mortar stores, which are primarily located in malls, Retail Dive reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Things are not looking good for Sears as 63 more stores hit the chopping block — although, if one is looking for a silver lining, that number was initially supposed to be 72. However, the retailer has identified 100 unprofitable Sears and Kmart stores, meaning...
Advancing its advertising efforts, Pinterest said that it plans to offer a promoted video tool, which allows marketers to gain more real estate than the platform’s typical grid-style layout, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The one-upmanship competition that seems to be perennially on between Amazon and Walmart has just gotten its latest entry. 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...
