To drive new-store construction and innovations, Walmart is planning on investing an estimated $200 million in its Florida business. The funds will support store openings and renovations as well as retail innovations, the company said in an announcement. Get the Full Story Complete the form...
As Toys R Us proceeds with plans to sell some of its business outside the U.S., the retailer has reportedly received bids of more than $1 billion for 85 percent of its business in Asia. The news comes as the retailer has indicated that it...
To offer financing options that will reward customers for loyalty and provide them with flexible financing, Crate and Barrel has announced a partnership with Synchrony. Through the arrangement, Crate and Barrel will pair with Synchrony on a private label credit card as well as a...
The Gap, Inc. — after many quarters of sales struggles — seems to be bouncing back as of late. According to CEO Art Peck, the secret to the brand’s refound success is its ability to effectively leverage its data streams. Get the Full Story Complete the form...
McDonald’s will open 200 restaurants in the Nordic region over the next 10 years, as well as begin home deliveries this year in an attempt to take on rivals, such as Taco Bell and Yum! Brands. Get the Full Story Complete the form to unlock...
How can galleries show their inventory to collectors remotely? And how can art collectors connect with like-minded people? 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...
Even though BJ’s isn’t as large as its warehouse club counterparts — Costco or Sam’s Club — the retailer packs an omnichannel punch. Last fall, for example, the wholesale chain rolled out a redesigned mobile app built nearly entirely around an enhanced experience. Get the Full Story Complete the...
While few people are shopping at Sears these days, even fewer have ever considered shopping for a Sears. But, via the magic of online auctions, it will be a coming-soon opportunity for the adequately capitalized. Get the Full Story Complete the form to unlock this...
Kroger is doubling down on its human capital coming soon — the massive grocery chain has announced it will be hiring some 11,000 employees across its various supermarket brands. That hiring binge will extend to Fred Meyer locations, as well as Mariano’s Fresh Market. Of...