In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 percent from the prior year for the company’s second quarter, while Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy. Plus, a new Toshiba Global Commerce...
Grocery shopping has become a very different animal in the last year as consumers have radically altered their shopping preferences. Once a weekly physical activity relegated to weekends by the vast majority of consumers, the new grocery shopper has developed an increasing affinity over the...
Apple is betting the lure of free coffee will help boost use of Apple Pay. 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,...
With “renewed clarity” and “reignited vision,” shares of Petco began trading on Thursday (Jan. 14) after the owner of 1,500 pet stores completed its third IPO in 27 years, while ending a 15-year stint as a privately held business. Petco’s latest share sale raised $864...
The 2020 holiday shopping season is shaping up to be a tale of two kinds of retailers. While Target crushed eCommerce and even reported decent in-store sales volume, others like Nordstrom and Urban Outfitters had weak in-store traffic that even fairly good online volume couldn’t...
Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Get the Full Story Complete the form to unlock this article and enjoy...
Ethan Allen Interiors Inc. anticipates reporting retail segment written orders growth of 44.9 percent over the prior year for its Q2, which concluded Dec. 31, 2020, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Women’s clothing retailer Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey, according to a Thursday (Jan. 14) statement from the company. Get the Full Story Complete the form to unlock...
For many retailers, the digital shift was hobbled by legacy IT systems and integration complexities. Toshiba Global Commerce Solutions CEO Rance Poehler told Karen Webster that its new commerce platform, Elera, enables microservices that delivers “Amazon Go at scale” for large format grocery stores and...
