Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
After two years at the world’s largest retailer, Bonobos founder Andy Dunn is leaving Walmart in early 2020, Reuters reported on Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The obituary for brick-and-mortar retail has been written many times. But recent developments show there is still life — and perhaps even new life — in physical commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Generally speaking, fashion companies do not own the manufacturing process that produces the items sell, which can be a big limiter of innovation. Fashion brands can dictate the look of the items – their shape, color and overall aesthetic design. But the actual materials used...
To open 14 locations through next year, brand incubator and shopping website Verishop made a deal with U.S. mall owner Unibail-Rodamco-Westfield. The companies said it would include a combination of permanent locations and pop-up shops, CNBC reported. Get the Full Story Complete the form to...
As grocers test out different approaches to get products to shoppers in a more efficient manner, food retailers are betting big on small warehouses to shore up their growing delivery operations. Walmart, Albertsons Cos. and other companies are creating small fulfillment centers close to locations...
Executives at Home Depot said opioid addiction in the U.S. might be part of the reason for a recent escalation of thefts in its stores, Bloomberg reported on Wednesday (Dec. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As most people who found themselves in a grocery store during the chaotic pre-Thanksgiving period will probably recall: some days shopping in a store, even for relatively simple things, can be a pretty atrocious experience. Nothing seems to be in the right place, the signs...
Kroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, the companies said in a press release on Wednesday (Dec. 11). Get the Full Story...