February 15, 2024
Build Now, Not Later: How Banks Can Seize the BNPL...
Buy now, pay later (BNPL) services are growing increasingly popular among consumers in the United States, with 28% of shoppers saying they used the payment method for transactions at least...
February 14, 2024
PNC Bank to Add 100 Locations, Renovate 1,200 Through 2028
PNC Bank will invest $1 billion to open more than 100 new locations and renovate 1,200 existing ones through 2028. The bank currently has about 2,300 brick-and-mortar locations across the...
February 12, 2024
Spending on Sporting Goods Drops, Both Online and In-Store
Consumers reported spent 7.7% less on sporting goods in January than they did in the same month a year earlier. Online spending at sporting goods stores declined 6.8% year over...
February 12, 2024
Trouble Ahead for Department Stores as Luxury Brands Move Direct-to-Consumer
As luxury brands increasingly find ways to create direct relationships with their customers, high-end department store chains are facing new challenges. Ralph Lauren, for its part, reported Thursday (Feb. 8)...
February 09, 2024
Amazon Chips Away at Walmart Grocery Lead With Unified Pickup...
As Amazon continues to try to shrink the gap between its own share of consumers’ grocery spending and Walmart’s, the eCommerce giant is retooling its mass-market brick-and-mortar offerings and looking...
February 08, 2024
Bank Branch Buildouts and Upgrades Show Omnichannel Is Here to...
The pandemic threatened to make banking in the brick-and-mortar setting a bit of an anachronism. Lockdowns meant that getting things done at the counter with a teller, or sitting down...
February 07, 2024
Target Considers Amazon Prime-Style Membership Plans
Target is reportedly mulling a paid membership plan similar to Amazon Prime and Walmart+. The new program, known as “Project Trident” within the company, could launch as soon as this...
February 06, 2024
Saks Gets into EV Sales in Bid to Drive Digital...
As brick-and-mortar retailers look for new ways to remain relevant amid commerce’s digital transformation, Saks Fifth Avenue is turning its focus to automotive sales in an effort to drive both...
February 05, 2024
Simon Property Group Leverages Digital Loyalty Tech to Drive Brick-and-Mortar...
Simon Property Group is leveraging technology to maintain shoppers’ visits to on-site stores in the face of growing competition from eCommerce players. The largest mall owner and developer in the...
