Lawyers and advisers for Toys R Us have reportedly turned down a last-minute bid for the retailer’s U.S. stores from toy-company founder Isaac Larian because his offer didn’t meet the threshold set by the court, according to a person familiar with the matter. But Larian, founder...
Standing one’s ground in an Amazon-dominated retail market doesn’t happen by accident. 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...
A lot has been written in recent years about everything that has gone wrong at Macy’s. The storied department store is a bit more than a brand at this point. At 159 years old, it officially counts as a retail institution — one that hasn’t...
Consumers want their orders faster than ever before. Quick-service restaurants (QSRs) are working to make the ordering process faster too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Snap, the maker of the Snapchat disappearing messaging app, is reportedly adding a “Shop Now” button to its app, enabling users to shop without leaving the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
JD.com Chief Executive Richard Liu is predicting that robots will eventually supplant human workers in the retail industry. While Liu believes the change is inevitable, the transition may take some time, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...
Restaurants are designed to cook great food — not operate delivery networks. “They are not meant to be logistics companies,” EatStreet CEO and Co-Founder Matt Howard told PYMNTS in an interview. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The resale clothing trade is becoming fashionable: One in three women are reporting that they shopped secondhand within the past year, according to research by thredUP. That’s a total of 44 million shoppers in 2017, up from 35 million the previous year. Get the Full Story...
Home Depot, unique among the big-box store retailers, has not only survived in the age of the Amazon-effect, but thrived. Stock prices have grown 135 percent over the last five years, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...