Online is bifurcating how consumers shop for everything — including groceries. In response, grocery chains are switching things up, experimenting with smaller formats that primarily offer items that consumers would be more comfortable selecting in person than have a third party deliver to them. Suzi...
Amtrak’s recent overhaul of its loyalty rewards is a lesson in how to build — and maintain — consumer loyalty. Here are 5 key takeaways that all retailers might do well to take on board.
As Russia’s roughly $33 billion (that’s 2.3 trillion rubles) fashion market shrinks by as much as 20 percent this year, some fashion heavyweights may end up leaving the country, The Business of Fashion reported Wednesday (Sept. 9). Get the Full Story Complete the form to unlock...
The company is bringing back one of its iconic ’90s soft drinks and fans of The SURGE Movement couldn’t be happier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Black Tux, a suit and tuxedo rental startup, landed $25 million in its latest funding round, fueling its mission to eliminate the days of customers overpaying to rent lackluster garments for special events. Get the Full Story Complete the form to unlock this article and...
Why do retailers keep shoveling promotions to consumers when only 18 percent of them consider them critical drivers of their purchase decisions? That’s just one of the insights from a new MasterCard report on what motivates the “omnishopper” to shop and buy. Want to get...
While a slowing Chinese economy has turned out to be hard on steelmakers and auto manufacturers, it is also shaping up to be a drag on the heretofore always expanding Alibaba Group. Get the Full Story Complete the form to unlock this article and enjoy...
While we live in the “there’s an app for that” era, most SMBs don’t want to build an app or don’t have the ability to do so in a productive way. Facebook wants to help by allowing them to customize their business pages such that...
The modern payments business is just about six decades old. For most of that time, the dominant form factor has been the plastic card. But as payments transactions move from being a plastic card swiped (or dipped) at a fixed terminal to a connected device...