The sharing economy: It’s not for luxury consumers, right? Wrong. As the success of luxury consignment companies like The RealReal -- which recently partnered with Neiman Marcus -- proves, there’s resale business to be built around even the most affluent of retail customers.
Last week, Goldman Sachs decided to open access to its once proprietary databases and risk management tools for direct use by their business clients. Bob Solomon, the CEO of Software Platform Consulting, dissects this decision and its potential to become a full-fledged business. Information may,...
If you ask Patrick Gauthier, Amazon’s Vice President of External Payments, what customer centricity means for him and Amazon, he’ll tell you it’s all about one concept: being customer obsessed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
When “Mad Men” went off the air earlier this year, a slew of think pieces, listicles, memes and blog posts flooded the Internet, dissecting how different the world of 1960s was from the 2010s. And while those differences were hashed out in terms of style,...
With just hours to go before reporting its Q2 earnings, Target made a big announcement: The retail corporation has hired a new chief operating officer to spearhead its supply chain efforts. Reports said the move is part of Target’s ongoing efforts to overhaul its relationship...
Orbitz for Business, the Orbitz corporate travel arm, has linked with Visa to bring travel booking and payments to mid-sized businesses. Here’s what Charles Bacharach, SVP at Orbitz for Business, had to say about making business travel easier.
Both Target and Walmart’s earnings results showed the retail giants are focused on driving up sales by focusing on digital, but, as the past few quarters have shown, one retailer seems to better at threading the digital needle. Get the Full Story Complete the form...
The terms of the Target breach settlement with Visa have reportedly been settled upon. 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, PYMNTS...
Walmart’s lower than expected earnings pushed its stock down this morning (Aug. 18) when the retail giant reported its second quarter earnings. Consequently, Walmart cut their full-year guidance as a result of the earnings slump. Get the Full Story Complete the form to unlock this article...
