A former Nordstrom executive is calling on the department store sector to meet the needs of customers and keep pace with technology – or face extinction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Welcome to the great reboot. Physical retail’s return to business was previously known as the “great reopening” or the “great resettling.” But it’s becoming apparent that the unprecedented business dynamics of the pandemic will be anything but a subtle reopening marked by subtle changes –...
The automotive evolution to Digital 3.0 revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. Get the Full Story Complete the form to unlock this article...
Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a quick return to pre-COVID consumer spend levels. There’s the U-shaped recovery that says the return will only happen after a...
Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power and LMC Automotive, the companies reported Monday (June 29). Get the Full Story Complete the form to unlock this article...
In an email on Thursday (June 25), Nike CEO John Donahoe said the current financial crisis will likely see the athletics retailer cutting jobs after a $790 million loss in revenue, Complex reported. Get the Full Story Complete the form to unlock this article and...
When COVID-19 exploded into a global pandemic that more or less shut down everything worldwide, restaurants began diving for digital cover and rapidly embracing order-ahead, curbside pickup, delivery options, modified menus and rewritten business plans – anything and everything they could think of to survive the...
Microsoft is shuttering brick-and-mortar locations as it unveils a “strategic change” in the way it runs its retail business. The technology firm’s retail staffers will keep helping customers from corporate offices while offering sales, support and education virtually, as investments continue to be made via...
If you can’t join ‘em, beat ‘em. That seems to be the prevailing attitude behind 5G, as several car companies have taken the delay in building mass networks for the new wireless technology as a cue to create their own. Get the Full Story Complete...
