American retailers are spending billions on renovations to entice shoppers back into stores. As the New York Times (NYT) reported Monday (May 11), companies such as Target, Walmart and Dollar General are among the chains investing more in brick-and-mortar retail. Altogether, the largest retailers in the U.S. are expected to spend $20...
They may be digital natives, but members of Gen Z still love the mall. That’s according to a report Sunday (March 8) from The Wall Street Journal (WSJ), which says that younger consumers’ enthusiasm for brick-and-mortar retail has helped fuel a recent recovery in the...
Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke. The retailer also plans to remodel more than 130 stores this year, it said in...
Amazon has proposed a second big-box store in the Chicago area, Mass Market Retailers (MMR) reported Tuesday (Feb. 17), citing a paywalled article in the Chicago Tribune. The company submitted to local officials a proposal for a store in the Chicago suburb of Oak Brook,...
March 26, 2025
While the narrative of Amazon’s ascendance in discretionary spending and Walmart’s grip on grocery sales dominates the retail conversation, a closer examination of the latest PYMNTS Intelligence report, “Tale of Two Shoppers: Amazon for Discretionary Spending, Walmart for Groceries and Basics,” reveals nuanced shifts in consumer behavior and market share that hold implications for both […]
January 20, 2020
’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce so far. Based on the incoming data, it...
August 02, 2017
There’s been no shortage of speculation — including doomsday declarations — about the potential impact of automation, smart technology and artificial intelligence (AI) on the employment market. But could a realistic future...
May 05, 2017
From devices that can clean a user’s house with just a simple request to dryers that can restock dryer sheets automatically, IoT technology is turning common household items into entirely...
May 11, 2026
Retailers are looking to renew their leases on space in malls as much as three years before their current lease expires, Simon Property Group CEO, President and Chief Operating Officer Eli Simon said Monday (May 11). Simon was speaking during the first quarter earnings call for the company, which owns shopping, dining, entertainment and mixed-use […]
May 11, 2026
American retailers are spending billions on renovations to entice shoppers back into stores. As the New York Times (NYT) reported Monday (May 11), companies such as Target, Walmart and Dollar General are among the chains investing more...
March 08, 2026
They may be digital natives, but members of Gen Z still love the mall. That’s according to a report Sunday (March 8) from The Wall Street Journal (WSJ), which says...
March 05, 2026
Target plans to open seven new stores this month, more than 30 this year and 300 by 2035 to support growth priorities outlined Tuesday (March 3) by CEO Michael Fiddelke....