It’s not every day that a business that’s been around for 50 years can more than double its sales and conversion rates within three months of adopting a new digital selling tool. Get the Full Story Complete the form to unlock this article and enjoy...
Target plans to allow shoppers use food stamps to pay for online orders, Reuters wrote Friday (April 1). 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...
Today in retail, PYMNTS research found seven out of eight store cardholders used those cards to make their most recent purchases. Plus, By Rotation fashion rental platform has raised $2.9 million in seed funding, and Macy’s new fulfillment center in North Carolina will handle 30%...
Depending on your perspective, today is either April Fool’s Day or the start of the 2nd quarter. 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...
If Kohl’s, with 1,100 stores and roughly $20 billion in revenue, is worth $9 billion, how much would storied department store chain JCPenney, with 650 locations doing $9 billion in sales, be worth? Get the Full Story Complete the form to unlock this article and...
Macy’s is continuing its transition to becoming a multi-brand omnichannel leader rather than a department store with the announcement Thursday (March 31) of a scheduled opening of a new fulfillment center in China Grove, North Carolina, in 2024. Get the Full Story Complete the form...
Sytner Group, the U.K. subsidiary of international transportation services company Penske Automotive Group, has acquired three BMW MINI dealerships and a collision center in the U.K., according to a Friday (April 1) press release. Get the Full Story Complete the form to unlock this article...
Today in retail, Tempur Sealy expects to report 15% year-over-year growth for fiscal 2022’s first quarter, while FTD uses data to grow lifelong customers of the ever-evolving brand. Plus, Faire serves as a cross-border, B2B marketplace across Europe and the increased demand for COVID-19 tests...
Just two weeks after flagging a huge opportunity in advertising during its fourth-quarter earnings report, Walmart has rolled out a three-pronged strategy to link its massive customer base with an eager roster of brands looking for new ways and places to connect. Get the Full...
