Retail

Retail
Card Networks Mull Fee Increase
February 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. The change will go into effect in early April, according to...

Retail
Payless To Shut Down Stores After Second Bankruptcy Filing
February 15, 2019

Payless ShoeSource will close all of its stores when it files for bankruptcy for a second time later this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Alibaba Bids For Metro Brick-And-Mortar Stores In China
February 14, 2019

One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world, the brick-and-mortar stores and chains that, for various reasons, are increasingly attractive to the likes of Amazon, Alibaba and others....

Retail
FAO Schwarz Planning New Locations, Product Collections
February 14, 2019

Toy brand FAO Schwarz is continuing its resurgence with the announcement of several new locations and a few different licensing agreements to move beyond toys, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Savvy Online Retailers Add Connected Consumer-Friendly Payment Options
February 14, 2019

With all sorts of digital services at their fingertips, consumers are looking for convenience when they purchase products or services. Consumers, for instance, are swapping their cable channels for digital streaming subscriptions or using rideshares instead of public transportation services. And these digital services are...

Retail
Captain Blankenship And Stepping Out Of The Wholesale Shadows
February 14, 2019

When it first launched in 2009, clean beauty brand Captain Blankenship’s offering was still a very niche product. While “all-natural,” “organic” and “paraben-free” had begun making the rounds in the latter twenty-aughts, they weren’t yet terms that appeared routinely on beauty and skincare packaging. In...

Retail
Digital At-Home Boxing Subscriptions Step Into The Ring
February 14, 2019

To enable consumers to train away from the gym with expert instruction, digital fitness startups are combining specialized equipment with content subscriptions. FightCamp, for instance, is seeking to bring the experience of boxing instruction into consumer’s homes. “It’s an interactive home boxing gym,” FightCamp CEO...

Retail
Wayfair Debuts An Outlet Store
February 14, 2019

After testing out pop-up shops last year, digital furniture retailer Wayfair plans to open the doors to an outlet store in Kentucky. The brick-and-mortar location will be in the building of a warehouse that processes returned goods, Digiday reported. Get the Full Story Complete the form...

Retail
Retail Sales Fell 1.2 Pct In December To $505.8B
February 14, 2019

As consumers contained their spending at the end of 2018, a consumer spending indicator posted its biggest decline in a decade. Retail sales fell by 1.2 percent in December on a seasonally adjusted basis to reach $505.8 billion, while economists in one survey had forecast...