Retail

Retail
Another Restaurant Bankruptcy: Bertucci’s Runs Out Of Dough
April 17, 2018

Another one bites the dust — or, in this case, the flour, as it’s Italian eatery chain Bertucci’s that has most recently filed for bankruptcy protection. The Northborough, Massachusetts-based restaurant plans to close around half of its locations and auction off the rest, according to...

Retail
Coachella By The Numbers Looks More Like Cashella
April 17, 2018

Coachella has kicked off the 2018 U.S. music festival season with a $704 million bang. 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,...

Retail
Smart Kitchen Startup Chefling Notches $1M In Funding
April 17, 2018

To support the next stage of the company’s growth, smart kitchen startup Chefling, Inc. has notched $1 million in pre-series A funding from XVVC, LLC. Chefling will use the funding for product development, hiring and marketing, the company said in an announcement. Get the Full Story...

Retail
Retail Sales Bounce Back With 0.6 Percent March Increase
April 16, 2018

After looking sluggish in the first few months of the year, U.S. retail sales bounced back a bit in March, according to figures just released by the Commerce Department, The Wall Street Journal reported. A bit of a commerce chill settled on consumer-spending patterns in the...

Retail
Gap Plans To Shutter Weddington Way Shops
April 16, 2018

About two years after J. Crew decided to close its wedding-dress business, Gap Inc. plans to shutter Weddington Way shops within Banana Republic stores, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Macy’s Leads The Pack As Top Online Apparel Retailer
April 16, 2018

With more than double the average monthly visits of JCPenney’s website, Macy’s has been ranked the top eCommerce destination for apparel in SimilarWeb’s latest index. The retailer’s website has 55.9 million average monthly visits, retail news source Retail Dive reported. Get the Full Story Complete the form...

Retail
More Teen Bucks Go To Starbucks Than Apparel
April 16, 2018

Kids these days would rather spend their bucks at Starbucks than on the latest fashion. Piper Jaffray’s semi-annual teen spending survey shows that, once again, America’s youth would rather invest in a casual meal with friends than in a killer wardrobe to impress their peers...

Retail
Taking Walk-Out-To-Pay Beyond Amazon Go
April 16, 2018

There could be so much more to a cashier-less checkout experience — and for so much less than what Amazon is spending to do it at its bespoke Amazon Go convenience and grocery stores. That’s not to say Amazon Go is a bad system; it...

Retail
Target To Pilot Reordering Service Powered By Smart Household Devices
April 16, 2018

Target is gearing up to test a new service that relies on devices inside the home to monitor and order items such as toilet paper and paper towels when supplies get low. Get the Full Story Complete the form to unlock this article and enjoy...