Sears has announced a new financing lifeline and will be scaling back costs as it attempts to return to profitability. The company is also closing more stores, according to reports from Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Even as Kohl’s Corp. downsizes its stores, its president and CEO Kevin Mansell says brick-and-mortar locations are key to its success, CNBC reported Tuesday (Jan. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
When Gap bought Athleta in 2008 for $150 million, the move didn’t cause much of a stir — beyond being considered a hedge play by the retailer against the exploding popularity of Canadian athleisure brand lululemon, which debuted its initial public offering (IPO) in 2007. Get...
Beginning in February, Target will have a new lifestyle clothing brand for women featuring lots of denim and even lower prices than its current women’s apparel lines. The private label line, Universal Thread, will include tops, dresses, accessories and shoes priced between $5 and $39.99,...
Until recently, the QR code was one of the great contenders in the race to ignite mobile commerce. But according to new reserach from Juniper, the humble QR code may be facing a rich second life as a driver of mobile loyalty. Get the Full...
One year after Under Armour launched three pairs of connected running shoes at the 2017 Consumer Electronics Show (CES), the sports apparel giant has unveiled two more — the Hovr Phantom and Hovr Sonic, TechCrunch reported. Get the Full Story Complete the form to unlock this article...
Target is reporting strong in-store and online holiday sales, according to The Wall Street Journal. Those positive figures appear to have been boosted by the company’s digital initiatives and strong consumer spending in the U.S. Get the Full Story Complete the form to unlock this...
Seeing a movie at the Alamo Drafthouse is a unique cinematic experience — which is saying something, given that movies are a fairly stereotyped affair. Customers go to the theater, purchase their tickets, buy popcorn and retreat to a large, dark room to watch a...
It appears that 2017 was a good year for omnichannel shopping, particularly according to the eCommerce Foundation’s recently released “United States Ecommerce Country Report” that covered eCommerce data from the last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
