Walmart will be launching a new subscription service, Walmart+, this July, to compete with Amazon Prime, as reported by Vox. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Israel has long been a hotbed for digital innovation producing companies like Red Hat and Klarna. Now a new Israeli tech accelerator is turning its efforts toward retail innovation and helping to start new technologies for payments and biometrics. Get the Full Story Complete the...
It’s hard to find a retail fashion category that’s reliably successful these days. Brick-and-mortar discounters like T.J. Maxx are thriving despite social distancing rules, which is not the most stable success platform. Fast fashion already claimed a victim this week as Lucky Brand filed for...
There’s the Target customer wearing a $40,000 Rolex throwing a fit because he was asked to wear a mask. There’s “Costco Karen” who had a tantrum because she was asked to do the same. Now there’s the Retail Industry Leaders Association (RILA) asking for help...
To form a direct-to-consumer (DTC) online commerce strategy, Kidd & Company, LLC and T-street Capital, LLC have joined forces by creating a holding company focused on buying companies called Brand Holdings, LLC. The firms unveiled their first purchase, Dr. Emil Nutrition, in a Tuesday (July 7)...
Retail Properties of America, Inc. (RPAI), a real estate investment trust (REIT) that owns open-air shopping centers, reported that the company had collected 65.3 percent of Q2 2020 rent as of the end of June. The company also stated that rent collection for June arrived at...
U.S. consumer spending has plummeted since the COVID-19 pandemic led to worldwide closure of nearly everything. However, our recent Buy Now Pay Later Tracker found that the outbreak could be just the ticket to boost BNPL as a way to bring shoppers back from the brink of financial...
Merchants’ needs have changed dramatically due to the pandemic. 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 this form,...
In the past two weeks, shopping levels have fallen again as coronavirus cases surge in the United States, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
