As Walmart seeks to invest in tech to compete with Amazon, the retailer has acquired a small virtual reality (VR) startup. Spatialand will become the crux of Walmart’s VR efforts as the retailer looks to transform its shopping experience across multiple channels, Recode reported. Get...
In the 1970s, the venerable The Great Atlantic & Pacific Tea Company (A&P) was losing market share. While Safeway expanded in the West and enjoyed the benefits of population growth there, A&P had a bit of a problem: It was focused on the East Coast,...
After struggling for years with decreasing sales and mall traffic, Bon-Ton Stores has filed for bankruptcy. The retailer said it voluntarily filed for Chapter 11 bankruptcy protection in Delaware and is exploring a sale, Fortune reported. Get the Full Story Complete the form to unlock this...
To run a popular burger restaurant, it’s not enough to simply have a good grill and a fresh beef patty. With advances in technology, what happens online — outside the kitchen — can make a good restaurant experience a great one. At Shake Shack, for example, CEO...
Consumers want to provide healthy dinners for their families, but it can be difficult to find the time to plan home-cooked meals. Monica Wood, for example, had to travel for work and tried having her nanny make meal kits for her kids so they wouldn’t...
As department stores reconsider their real estate and business models, Macy’s is testing out pop-up stores in 10 cities — from Las Vegas to New York — in a new concept named “The Market @ Macy’s,” CNBC reported. Get the Full Story Complete the form to unlock...
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...
