As Gap Inc. looks to improve the channel mix of its eponymous brand and shutter specialty stores, the retailer beat analysts’ earnings estimates but fell short on top-line revenues for the fourth quarter of 2018. The retailer reported revenues of $4.62 billion and earnings per...
Brick-and-mortar fashion retailers are developing in-store experiences to encourage customer loyalty. DSW, for instance, is growing its W Nail Bar partnership to offer services such as manicures and pedicures in more U.S. markets, aiming to generate repeat visits as part of its experiential retail efforts....
It’s happened to almost everyone at some point in their lives: They are up in the middle of the night working on a school project/work project/watching over a sick child, when two unfortunate realities become apparent at the same moment. The first is that they...
In an effort to transition to an eCommerce sales platform, Tesla announced its move to an online-only sales model. The company’s CEO, Elon Musk, noted that the move would lower costs and enable the Model 3 to arrive on the market, CNET reported. Get the Full...
The Gap is parting ways with Old Navy, deciding to create two publicly-traded companies. 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...
The 2018 holiday quarter was a good one for smartwatches, as Samsung and Fitbit each quadrupled shipments compared to a year before, according to reports. And although Apple Watch market share dropped 15 percent over the same time period, it still dominates with control of...
Chinese eCommerce company JD.com and luxury fashion platform Farfetch are expanding on a previous partnership to bring a “Premier Luxury Gateway to China,” according to a release by the companies. Under the terms of the arrangement, Toplife, JD.com’s luxury arm, will merge into a new...
While not every food startup is owned by a chef, the words “hopeless cook” don’t come up all that often among culinary entrepreneurs, generally speaking. But it is how fiid founder Shane Ryan describes himself – in fact, he notes that his total inability to cook...
To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. FedEx, for instance, recently unveiled its FedEx SameDay Bot concept, which the carrier said is in development with DEKA Development & Research Corp. along with DEKA Founder...
