As regular readers of our weekly bankruptcy tracker can attest, it has been a rough year for much of retail. There have been outliers — Walmart has managed a pretty good year among the carnage and Amazon is locked in on a solid growth path — but...
More changes are coming at the top of Jo-Ann Fabric — mostly with an eye for bolstering inventory and supply chain management. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
There is an old, dark joke in emergency rooms about motorcycles. 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, PYMNTS Today. By completing...
Predictive marketing — using information from customer data, like purchase history, to determine a pattern and predict future outcomes — was once only available to the largest retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The University of Washington is unveiling a new lab that will allow retailers (such as Costco and Nordstrom), delivery services (such as UPS), urban planners, commercial developers, logistic experts and other stakeholders to collaborate to, ideally, come up with the future of delivering goods in urban areas, according...
The average Walmart shopper is a white, 50-year-old woman with an annual household income of $53,125. 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...
Some of Walmart’s managers are getting a pay raise, but it could be so that the retail giant can circumvent new federal overtime rules, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Lands’ End, the fashion apparel, accessories and home furnishing retailer, has never been known as a company to make a lot of waves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
It is known as the “IKEA effect,” and actual scientific study has been dedicated to it. However, even a non-scientist can watch the IKEA effect in action by attending a garage sale somewhere on Earth this weekend where someone is selling a piece of IKEA...
