Marking its first big-box store opening in seven years, Best Buy is opening a 36,000-square-foot store in a suburb of Salt Lake City. The store is located in a mixed-use development called Station Park and is scheduled to open in the fall, the StarTribune reported....
Etsy is refocusing its aspirations and energies — much to the annoyance of some of its sellers. CEO Josh Silverman said the decision is a pivot toward the areas that are showing the most growth for the handmade marketplace, particularly on its core eCommerce site....
For many consumers, secondhand is becoming their first thought when it comes to clothes shopping. 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,...
To draw in fashion-conscious customers and those on their lunch breaks, Nordstrom is gearing up to open its inaugural, full-line store in Manhattan. The location will stock men’s clothing along with shoes and grooming supplies in Midtown, The New York Times reported. Get the Full...
Due to its deal to merge with Rite Aid, Albertsons is withdrawing its plan for an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Adidas, the German sportswear company, is gearing up to close stores to focus on investment in digital initiatives, as it aims to meet an ambitious goal of more than doubling eCommerce sales in two years’ time. Get the Full Story Complete the form to unlock...
Walmart has completed a thorough due diligence process on Indian eCommerce firm Flipkart as it prepares to take a controlling stake in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Polyvore is on the cusp of being bought out by Montreal-based fashion site SSENSE from Verizon’s Oath, but it seems the acquisition will be the end of the road for the firm, according to news from TechCrunch. Adding to the “another one bites the dust”...
When a water pipe burst in his office, Ron Shah needed to find a place to hold meetings. He turned to the internet, but he couldn’t find a place to book spaces online. Get the Full Story Complete the form to unlock this article and...
