The pandemic has been filled with pivots, business model adjustments and dramatic stories about brick-and-mortar merchants finding their digital stride in a hurry. And these stories are not limited to the Nikes and Zaras of the retailing world. There are smaller ones as well. For...
In a potential rescue arrangement that could grow its reach on the U.K. high street, Frasers Group said it is in talks to purchase the Debenhams department store company from administrators, The Irish Times reported. Get the Full Story Complete the form to unlock this article and...
Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends such as the “quest for comfort at home” fueled formidable sales at the two brands, according to an announcement. Get...
Special deals and promotions from merchants are nothing new to the holiday season. In fact, they’re as much a part of annual year-end celebrations as twinkling lights, wrapped presents and overeating (with promises to get in shape as soon as the new year begins). Get...
The hot new thing in “Big Retail” is offering in-house advertising on your website to your vendors – because why get paid only once on a purchase if you can get paid twice? Get the Full Story Complete the form to unlock this article and...
J.P. Morgan Chase said that brisk Black Friday and Cyber Monday sales are likely indicators of a record-breaking eCommerce holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
It will likely go down in history as a day that will live in infamy in the movie business. In an unprecedented move, the Warner Bros. movie studio has announced that it will send 17 films — including expected blockbusters like the “The Matrix 4,” “The Suicide Squad”...
ShipMonk has pulled in $290 million in a funding round led by Boston-based Summit Partners as part of an expansion effort. Florida’s ShipMonk, started in 2014, offers eCommerce fulfillment services and technology solutions. Get the Full Story Complete the form to unlock this article and...
Discount retailer Big Lots reported a third-quarter profit of $29.9 million on $1.38 billion in revenue, surpassing Wall Street’s forecasts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....