Concerns over customer loyalty — as well as increasing competition in the craft coffee market — have caused one Wall Street analyst to cut his price target on Starbucks. In fact, Cowen analyst Andrew Charles said both factors are likely to hinder Starbucks sales over...
John McPheters came from an era in which sought-after sneakers – and other products – weren’t easy to come by. Buyers and sellers connected through a variety of means, from eBay to person-to-person transactions. Stadium Goods Co-founder and CEO John McPheters told PYMNTS.com in an...
Masterpass users who also happen to be BJ’s Wholesale Club members have a bit of a boon coming their way. According to a joint release by both firms, the two will teaming up to offer shoppers a faster payment option for customers shopping online. “We...
Traditional brick-and-mortar retailers are flocking to digital channels to avoid going out of business. Oddly enough, at the same time, many digitally native brands are doing the opposite — not to avoid bankruptcy, but to accelerate growth. Retail apocalypse skeptics have been saying it for...
Featuring pictures of the food that customers could be eating is an effective way for restaurants to draw eyes (and orders) to menu items they want to push, especially add-ons and upsells. A good menu takes this into account and is rich with imagery featuring...
To drive new-store construction and innovations, Walmart is planning on investing an estimated $200 million in its Florida business. The funds will support store openings and renovations as well as retail innovations, the company said in an announcement. Elise Vasquez-Warner, a vice president and regional...
As Toys R Us proceeds with plans to sell some of its business outside the U.S., the retailer has reportedly received bids of more than $1 billion for 85 percent of its business in Asia. The news comes as the retailer has indicated that it...
To offer financing options that will reward customers for loyalty and provide them with flexible financing, Crate and Barrel has announced a partnership with Synchrony. Through the arrangement, Crate and Barrel will pair with Synchrony on a private label credit card as well as a...
The Gap, Inc. — after many quarters of sales struggles — seems to be bouncing back as of late. According to CEO Art Peck, the secret to the brand’s refound success is its ability to effectively leverage its data streams. Peck said on Wednesday (April 11) in...
