Brick and mortar is dead — that seems to be retail’s favorite refrain in 2017, urged on by the ongoing struggles of some of the biggest players in the game and a wave of bankruptcies that keep building without breaking in the industry. Get the...
Chipotle Mexican Grill will be opening fewer locations in 2017 and 2018, according to news from Reuters. This comes after the announcement of disappointing quarterly sales in Chipotle’s earnings report on Tuesday (Oct. 24). Get the Full Story Complete the form to unlock this article and...
Operating an online marketplace is simple, in theory: A merchant builds a website, fills it with retail products and shoppers, well, shop. But when it comes to eCommerce, consumers tend to have specific needs and preferences, and merchants have competitors. And when they begin to...
Perfume is a personal choice for most consumers, as scents have an uncanny ability to define their wearers. 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...
Nordstrom has partnered with Give Back Box, according to news from Chain Store Age. The service will allow consumers to donate items to charity by mailing a Nordstrom box. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amazon is expanding its Handmade program with support for event-specific gift shops, according to news from CNBC. Announced on Monday (Oct. 23), the gift shops will cater to occasions like weddings and Halloween. Get the Full Story Complete the form to unlock this article and...
In a press release on Monday (Oct. 23), big box retailer Target announced news of its plans for the holiday shopping season. The company discussed new brands, exclusive products and innovative ways to shop, including GiftNow, a service being introduced on Target’s website powered by Loop...
Though marketplaces have been around since the dawn of commerce, the last few years have seen a veritable explosion of them, particularly online. As of 2017, half of all online customers are regularly making purchases in digital marketplaces. By the year 2020, nearly 40 percent...
What are credit cards all about? If you said, “Payments – duh,” you’re only half right. The whole point of buying things on credit, is to give individuals more control over their household cash flow by allowing them to buy the things they need and...
