Retail

Retail
Why Streaming Services Dominate Subscription Commerce
July 16, 2019

The streaming market is an increasingly competitive space. AT&T’s WarnerMedia is planning to launch HBO Max, while Disney+ and Apple TV will also start giving Netflix a run for its money soon. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Ready, Set, Go: Here Comes 2019 Amazon Prime Day(s)
July 15, 2019

Only Amazon could alter the meaning of long-established units of time. 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 Today. By completing...

Retail
How Starbucks Elevates Online Ordering In China
July 15, 2019

Starbucks has designed a new store around order-ahead and delivery as the upstart coffee company Luckin Coffee takes hold in the Chinese market. Starbucks opened its inaugural Starbucks Now store in Beijing, China to combine digital and physical customer touchpoints. The experience is said to...

Retail
Cannabis Firm Caliva Eyes National Growth With Jay-Z Partnership
July 15, 2019

In a move that is said to help the company grow across the nation, California cannabis firm Caliva has teamed up with Jay-Z. Caliva recently announced that the rap star will serve as the company’s chief brand strategist and has entered into a multiyear partnership...

Retail
Barneys Looks Into Bankruptcy Amid Rent Increase
July 15, 2019

With a liquidity crunch brought on by a rise in rent at its flagship in New York City, Barneys New York is reportedly preparing for a bankruptcy filing. The luxury retail has engaged financial advisers M-III Partners and law firm Kirkland & Ellis to help...

Retail
US Retailer Store Closures Could Top 12K By Yearend
July 14, 2019

So far this year, 7,062 retail stores have closed, and that number could reach as high as 12,000, which would be an all-time record, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Walmart Looks For eCommerce Chief Revenue Officer
July 12, 2019

To help lay out its battle pay to take on Amazon, Target and other competitors, Walmart is on the hunt for a new chief revenue officer for its eCommerce business in the U.S. The executive would work under Marc Lore, who is the company’s online...

Retail
Colgate-Palmolive Strikes Deal To Buy Filorga Cosmétiques
July 12, 2019

In a sign that Colgate-Palmolive is looking to diversify its interests beyond soap and toothpaste with deals, the consumer goods group has come to an agreement to purchase the Filorga Cosmétiques skincare business for €1.5 billion. Colgate is said to fund the transaction, which is...

Retail
Retail Pulse: Macy’s Collaborates With Brands For STORY; Kohl’s Accepts Amazon Returns
July 12, 2019

Brick-and-mortar retailers are opening experiential concepts by working with other brands as they look to engage consumers with experiences instead of products. Macy’s, for instance, is collaborating with DICK’S Sporting Goods and landscaping brand Miracle-Gro for Outdoor STORY, which is said to offer customers an “outdoor-inspired...