Some startups are born after an entrepreneur spots a missing niche in the market: ReturnRunners, for instance, was started after its founder saw a need for a service that could help her return unneeded purchases in an age when she could outsource her groceries, dinner...
Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. IKEA, which is known for selling flat-packed furniture from 276 locations in 25 countries, is experimenting with a subscription offering in Switzerland. The pilot, which is...
Lifestyle brand FabFitFun has taken something of a circuitous route toward building its retail business. In fact, in its early days nine years ago, it wasn’t a retail operation at all — it was a newsletter. That newsletter eventually grew into a blog and online...
A shopping mall in Scotland, located near Edinburgh, was sold at auction for just 310,000 pounds ($403,000) – a quarter less than the cost of the average London apartment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The National Retail Federation (NRF) predicts that retail sales this year will increase between 3.8 percent and 4.4 percent to reach more than $3.8 trillion, despite threats from a trade war with China and the recent government shutdown. Get the Full Story Complete the form...
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On Feb. 1, new eCommerce rules in India began limiting what online retailers like Amazon and Flipkart can sell in the country. Now, Reuters is reporting that Amazon’s grocery service is active again, but it’s off to a slow start. Get the Full Story Complete...
Since March, Target has been quietly testing a new loyalty program for its members in Dallas. The program, called Target Circle, will now debut in five cities on Feb. 19, according to a report by CNBC. Get the Full Story Complete the form to unlock...
Neiman Marcus Group announced Tuesday (Feb. 5) the appointment of two executives to lead its customer and store strategies. 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...
