A startup with a plan to take on Amazon in the world of digital book sales might at first seem, well, a little crazy. Books were where Amazon got its first toehold into American consumers’ lives, and the idea that an upstart could step onto their...
If brick-and-mortar retail is struggling, Sephora didn’t get that email. But that email about malls? Received and duly noted. 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...
As Spotify took on Amazon and Apple by launching promotions, the music streaming company registered a higher-than-expected 29 percent jump in premium subscribers in Q4 of 2019. Analysts, on average, were forecasting 122 million paid subscribers, but the company’s premium subscribers clocked in at 124...
Macy’s struggles continue as customer habits change to discount stores and online purchases, and the company said it’s going to close 125 department stores through the next three years, saying that about one-fifth of all its locations need to be shuttered, according to a report...
The hole in the market when it comes to finding options for plus-sized consumers is well documented in the media, including in this publication. The stock and options available for plus-sized consumers are limited — and what there is often isn’t good. Kent Helbig, former Gilt...
Staples is thinking outside the box with a new store format that highlights podcasting, community events and coworking spaces. The Staples Connect concept, which will be officially introduced in six Boston area stores on Feb. 5, offers experiences and solutions as well as a place...
Imagine that you owed your bank or landlord a lot of money. Now imagine that said bank or landlord decided to buy you out. That’s what happened Monday (Feb. 3) as two top mall owners and a brand management company gathered together to buy troubled...
Supermarkets buy inventory to sell to consumers, but some of those products never end up in their hands, and instead become food waste. The USDA forecasts that grocers lose a whopping $15 billion each year in unsold fruits and vegetables. And one report notes that “without accounting...
With a pilot that could usher in a new era of technology as stores and restaurants grapple with hiring in an aging country, the first robotic bartender in Japan has started to serve drinks in a Tokyo bar. The robot offers beverages in an establishment...
