Turns out “mall” is a passé, a name, a nomer that hearkens back to the musty days of the 80s. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Walmart’s Sam’s Club abruptly shuttered locations in several states, with some employees learning of the closures as they arrived for work. But the membership-only retailer said it had closed the stores following a “review,” according to news from Reuters. Get the Full Story Complete the...
In the world of connected commerce, much of the technology seems to have been ripped straight from science fiction. Cars that drive themselves, drones buzzing through the air, artificial intelligence (AI)-powered assistants that are always ready to jump in with a suggestion or service, robots...
Diebold Nixdorf will showcase its latest in retail technologies at the National Retail Federation’s show next week, a few days after announcing that Mark S. Brewer has joined the company as senior vice president and managing director of global retail. Get the Full Story Complete...
The CEO of Domino’s Pizza, J. Patrick Doyle, said the rumors are simply not true: He’s not moving to Chipotle Mexican Grill to turn business around at the quick service restaurant (QSR) chain, Reuters reported. Get the Full Story Complete the form to unlock this...
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,...