Department store chains in the United States might have experienced another disappointing holiday season, with the category of retailers that includes Macy’s, Nordstrom and JCPenney seeing overall sales drop 1.8 percent from Nov. 1 to Dec. 24, per Mastercard Spending Pulse. Get the Full Story...
U.S. shopping malls have reached the pinnacle of struggle, with empty shops hitting a 20-year high, the Financial Times (FT) reported on Tuesday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Before Peter Korbel started the StoreMe luggage storage service, he lugged around a gym bag and didn’t like bringing it to his meetings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The longstanding practice of selling automobiles is getting a change — reflecting larger trends in commerce. 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...
Fresh foods present a singular problem for grocers when it comes to keeping the shelves stocked. They don’t come with expiration dates stamped on, they tend to vary in terms of quality and seasonal availability, consumer preferences are highly variable and they have a relatively short...
To join the burgeoning rush to roll out flying cars in large cities, Uber and South Korea’s Hyundai Motor are joining forces to create air taxis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As Tesla delivered the first Model 3 vehicles from the company’s Shanghai factory to the public, CEO Elon Musk said the electric automaker would design a future car in China for global consumption. He noted that the company would bring an engineering and design center...
The impulse to protect purchases runs deep, as does brand affinity (aka trust) in our favorite online retailers. This combination can make insurance coverage a natural extension of certain buyer-seller relationships – and some verticals like appliances and other big-ticket consumer goods have turned point-of-sale...
Celebrity Gwyneth Paltrow’s company Goop, an array of lifestyle products and more, will partner with Sephora in 2020. 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...
