Luxury department stores are borrowing from the past to bring customers into their stores in the digital age. That is, retailers are taking a page out of a playbook set by retailers like the now-closed B. Altman, which served tea sandwiches in its Charleston Garden,...
In a development that is said to prevent Sears Holdings Corp. from closing all of its locations, Edward Lampert has reportedly won a bankruptcy court auction for the retailer. The hedge fund executive is said to have had negotiations with the retailer’s creditors and board...
Payless has hired an adviser to help it avoid a second bankruptcy less than 18 months after emerging from its first Chapter 11. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Indochino, the digitally-native made-to-measure menswear brand, has plans to expand in 2019. 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...
Saks Fifth Avenue has opened up a new restaurant as part of a $250 million project to boost business in its landmark New York City location. The company imported Parisian eatery L’Avenue to make Saks more than just a place to shop. Get the Full...
Blue Apron saw its shares jump 28 percent on Tuesday (Jan. 15) after the company revealed that it could become profitable this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Chairish Inc., the San Francisco-based parent company of high-end vintage furniture site Chairish and interior designer-focused online marketplace DECASO, today (Jan. 16) added a new brand to its family: Dering Hall. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Creating the correctly personalized in-store experience is much easier said than done in most cases – consumers want salespeople who are knowledgeable enough to serve up the correct recommendations for their tastes and needs, but they don’t want to feel crowded, followed or stalked while...
In 2005, Amazon forever set the stage for new expectations of how much eCommerce deliveries will cost and when items will arrive when the retailer rolled out its Prime membership program, which gave customers two-day shipping regardless of order size. In 2014, the retailer introduced...
