Ahead of this year’s holiday season, defunct toy chain Toys R Us could be making a comeback: The remnant of the company will reportedly open a shopping website along with roughly six U.S. stores, Bloomberg reported, citing unnamed sources. Tru Kids Inc. CEO Richard Barry,...
Retailers are getting smarter about artificial intelligence (AI), and the latest example of that innovative effort comes from Walmart. 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 offer shoppers a curated selection of local products ranging from décor to local flavors, eCommerce innovators are assembling subscription boxes around different U.S. states. California Found, for instance, is essentially a boutique gift box of artisanal goods from the Golden State. In lieu of...
Letters filed by department store retailers Macy’s and JCPenney, along with other companies, asked the U.S. Trade Representative to remove many footwear and apparel items from an expansive list of products set for the new 25 percent tariffs, Retail Dive reported. Get the Full Story...
In an online food delivery service market that is becoming more crowded, some of the largest operators of restaurants are renegotiating with the firms that bring takeout to consumers. While restaurants were once fast to sign up for delivery services, they are now seeking lower...
It’s summer — finally — and that means most college students are back home on break, thinking of beach time and extra cash, and gearing up for the next set of classes. Retailers, too, have higher education on their minds. Freshly graduated high school seniors,...
Airports are providing luxury brands with access to consumers with extra time on their hands who want to buy unique and unusual items they can’t find near their residences. These hubs for travel retail, which are providing an audience of on-the-go travelers as U.S. shopping...
In his next move, former NBA player Shaquille O’Neal wants to buy the legendary footwear company Reebok. The sports star has created an empire with car washes, gyms and restaurant franchises, among other businesses, CNBC reported. Get the Full Story Complete the form to unlock...
With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. The moves come as branches...
