On the heels of Chinese eCommerce company Alibaba’s $200 million investment in India online retailer Paytm E-Commerce, China reportedly saw a boom in 2016 online retail shopping. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Department store operator John Lewis of the U.K. is making it easier for customers to buy by teaming up with Jaguar Land Rover’s InMotion venture arm to test delivering items to the trunks of customers’ vehicles. Get the Full Story Complete the form to unlock this...
Nordstrom has officially decided to part ways with Ivanka Trump’s clothing brand. The retailer told Business Insider that its decision was due to the brand’s declining sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Costco stock saw major movement this week, rising over 3 percent from Wednesday’s (Feb. 1) close to $166.82 at the start of Thursday’s trading. The latest boost means Costco is out of the valley, for now, seeing prices comparable to those in Aug. 2016 before...
It turns out that 2017 might not be the year of Spotify’s IPO after all. 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,...
While much is made of online retail, most transactions still take place in-store. But even in physical retail, consumers are drawn to digital experiences. For merchants looking to keep up with consumer expectations in the digital age, in-store technologies have become key investments. Get the...
In today’s instant gratification age, the expectation on speedy services in retail has naturally progressed as fast as possible. 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...
While online commerce has allowed eRetailers to source consumer data and to deliver targeted, personalized advertisements, physical retail has often lacked these capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Macy’s long-term CEO Terry Lundgren will soon be stepping down from his position, as announced in the summer of last year. Lundgren has been in the role for 13 years. Macy’s current president, Jeff Gennette, will take over as CEO. Lundgren agreed to stay on...
