When your consumers skew digital and your major vendors go direct to consumer (D2C), the store and mall formats that have worked in the past are no longer enough. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When Walmart CEO Doug McMillon told investors “we’re building a different business” this week, the part he left off was that the business is going to look a lot more like its arch-rival Amazon. Get the Full Story Complete the form to unlock this article...
Kroger, the United States’ leading pure-play grocer, is trying out a new self-service option at 20 stores in the Cincinnati, Ohio, area. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Weather Channel is hopping onto the subscription bundle bandwagon with an offering that lets users check the weather, follow the news or get deals on hotel rooms from one platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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In a bid to raise it omnichannel retailing game, Foot Locker has named former Ulta Beauty CEO Mary N. Dillon as its new chief executive. Dillon has more than 35 years of experience leading consumer-driven businesses, Foot Locker said in a Friday (Aug. 19) news release, pointing...
Cosmetics maker Estée Lauder says it is focused on both brick-and-mortar and online sales opportunities as it deals with the fallout from pandemic lockdowns in China and the ongoing conflict between Russia and Ukraine. Get the Full Story Complete the form to unlock this article...
With a middle-income customer base and broad exposure to apparel, Kohl’s says it has been “disproportionately impacted” by inflation and dampened consumer spending and will need to be more aggressive in its promotions to clear out bulging shelves and warehouses. Get the Full Story Complete...
GameStop chairman Ryan Cohen plans to sell his 10% stake in retailer Bed Bath & Beyond, the activist investor said this week in an SEC filing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...