To bolster its financial status and let it better compete in a difficult retail climate, Tailored Brands plans to make changes that will lead to a reduction of roughly 20 percent of its corporate positions by the conclusion of fiscal Q2. The omnichannel menswear specialty retailer also...
The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has retailers that usually cash in every late summer biting their financial nails. Get the Full Story Complete the form to...
COVID-19 has caused many businesses to struggle for survival, but it’s actually turned out to be a boon for others. Consider meal kit company Blue Apron. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Walmart is looking to take advantage of a booming grocery market to restart efforts to sell a stake in its British supermarket arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Despite the ongoing pandemic, Walmart is ponying up big bucks — $3.5 billion — to revamp stores in Canada and to modernize in-store technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
eBay plans to start growing the management of its payments throughout the world beginning on Monday (July 20). The digital commerce company started down the path to handling the “end-to-end payments process” in 2018 on its marketplace platform and has reported success with Germany and...
With more companies trying to catch up to Digital 3.0, the issue of audience identification becomes critical. Pre-pandemic versions of traditional customer segmentation have been set back by changes in the fortunes and preferences of the general population. A better way to go might be...
Customer loyalty is evolving with the acceleration of Digital 3.0, led by the category that has been most affected by the digital shift: grocery. With competition heating up from Walmart, many large grocery chains are connecting their once offline program to online accounts. Get the...
Mirroring the example of department and big-box stores, 7‑Eleven has expanded its 7NOW delivery app to offer customers the option to order and pay for items ahead of time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
