Starbucks’ projection for same-store sales to be at the low end of guidance for this year is leading Wall Street analysts to conclude that it’s because of its store expansion strategy and prices that are too high. Get the Full Story Complete the form to...
After acquiring Shipt in December, Target’s Chairman and CEO is promising customers will reap the rewards of the service this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In Neiman Marcus stores, sales associates carefully take note of customer behavior. 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...
Nordstrom is making the rare move to shut down a full-line department store in Salem, Oregon, a decision that will likely cost about 130 workers their jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As warehouse club-like eCommerce startup Boxed talks with potential buyers, the executive behind its fastest-growing business segment has left the firm. Behzad Soltani, who led the company’s B2B unit, is taking another C-level position elsewhere, Recode reported. Get the Full Story Complete the form to...
Consumers can now shop for Snap goodies in the company’s first merchandise store, located in the Snapchat app. 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...
The Plenti coalition loyalty rewards program has hit a bit of a rough patch, with several partners leaving the service and retailers opting out of accepting members’ earned points, Retail Dive reported Wednesday (Jan. 31). AT&T dropped out last fall, and Alamo, Direct Energy, Enterprise,...
Consumer packaged goods (CPGs) entrepreneurs face many decisions as they grow their businesses. Distribution, packaging and funding can create challenges for those seeking to get their products from the farmers market to shelves of big box brick-and-mortar stores. It can be particularly difficult to overcome...
To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
