Neiman Marcus Group (NMG) is making investments in its supply chain, technology, merchandising and personnel, which it says will transform the shopper experience at Bergdorf Goodman and Neiman Marcus, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
By the numbers, convenience stores are America’s gas stations. 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,...
For almost a year now, many grocery stores have had to play catch-up, responding to ever-changing consumer behaviors influenced by each shift in the course of the coronavirus pandemic. While infection rates remain high in most areas, the U.S. is also starting to see widespread...
In today’s top retail news, CarParts.com, Inc. launched a shopping hub for hybrids and electric vehicles (EVs), while Belk has unveiled plans to seek Chapter 11 bankruptcy. Plus, Amazon has launched Alexa’s newest set of updates and features designed to make the voice assistant more...
Cici’s Pizza, the all-you-can-eat pizza buffet chain, declared bankruptcy on Monday (Jan. 25), in large part due to the COVID-19 pandemic’s impacts on consumer behavior. Despite the chain’s attempts to ameliorate the pandemic’s impacts, revenue had decreased from $177.3 million in 2019 to $76.3 million in 2020, reports QSR Magazine,...
In September, Starbucks announced changes to its loyalty program that expanded rewards to customers paying without a Starbucks card, eliminating a key friction point in growing its membership base. The changes are working. As announced on Tuesday (Jan. 26), loyalty app usage was up 15...
Torrance, California-based CarParts.com, Inc. rolled out a centralized shopping location for the electric vehicle (EV), plug-in hybrid and hybrid community, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
North Carolina-based apparel retailer Belk has unveiled plans to seek Chapter 11 bankruptcy. The company aspires to exit Chapter 11 bankruptcy by the end of next month, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Corporate Walmart is sold on the idea of creating a whole new model for expansion. This time around, the company has decided to boost the number of stores that will also serve as local fulfillment centers. Get the Full Story Complete the form to unlock...