To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. They aim to help shoppers move seamlessly from browsing a merchant’s website to perusing the aisles of brick-and-mortar stores...
IKEA will start leasing furniture as it transforms its business model in an effort to attract more customers and reduce its carbon footprint. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Rumor has it, there is some sort of football competition happening in Atlanta this weekend. 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...
David Simon, CEO of Simon Property Group, one of the biggest mall owners in the United States, said he’s concerned there could be more retail store closures and bankruptcies on the way this year, according to CNBC. Get the Full Story Complete the form to unlock...
In the modern age of retail, a National Retail Federation (NRF) study has found that inventory loss, due to crime or error, is having a $46.8 billion impact on the industry’s bottom line. The organization also noted that, on average, the shrink comes at a...
Some startups are born out of personal experience when an entrepreneur sees an unmet need in the market. The Farmer’s Dog Co-founder Brett Podolsky helped start his pet food company when he couldn’t find a way to solve his dog’s stomach ailments. After he tried many...
Mens health and personal care startup Hims offers up a pretty straightforward business proposition. Founded a little over a year ago, Hims seeks to tap the millennial male market by offering up skincare solutions, hair-loss products and erectile dysfunction medication (specifically, a generic form of...
Big brands are opening pop-up shops chock full of digital commerce technology and experiences for fans, and Nike is no exception. The company recently opened a SNKRS Pop-Up shop in Atlanta — as the city gears up for Sunday’s Super Bowl game between the Patriots and...
As it seeks to compete with Starbucks, Chinese startup Luckin Coffee is reportedly looking at an initial public offering (IPO) in the United States. The effort could bring in approximately $300 million, Bloomberg reported. Get the Full Story Complete the form to unlock this article...