It was a record-breaking year in retail, according to reports — but not the good kind. More store closings have been announced this year than in any other year before, as retailers across categories have collectively announced plans to close the doors on 6,700 brick-and-mortar locations...
Halloween is a big event for many retailers, whether they’re seasonal pop-ups or eCommerce mainstays. And spending on the holiday looks like it’s going to break records this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Volkswagen has launched an online platform for used car sales, Reuters reports. The news is part of an ongoing effort to increase the company’s share of used car sales in Germany. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Shopping on eBay just got easier. The auction site has announced the launch of two new visual search tools that will allow people to use photos they snap, have saved on their phone or find on the web and social media sites, in order to...
Inventory replenishment robots are rolling out in 50 Walmart locations, according to a Thursday (Oct. 26) Reuters report. The goal is to stock product faster and save employees time when filling empty shelves. The robots have already been piloted in a number of stores, according to...
The Overstock.com subsidiary, tZERO, is planning to launch an initial coin offering (ICO), according to news from CNBC. The company wants to raise up to $500 million through sales of the new digital currency. Get the Full Story Complete the form to unlock this article...
Online mattress firm Casper appears to be the latest startup taking the brick-and-mortar plunge and launching 15 pop-up shop locations nationwide, according to reports from retail news source Chain Store Age. The first stop on the retail tour was Ponce City Market in Atlanta, Georgia, the Wednesday (Oct....
Nike told investors that it would be shifting its approach to brick-and-mortar retail, according to news from The Wall Street Journal. The company will be narrowing its focus to a few dozen stores and boosting its presence online. Get the Full Story Complete the form to...
In the aftermath of its purchase of 1,932 stores from Rite Aid, Walgreens has announced news that it will be closing down 600 stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
