Operations: Page 173
-
J. Crew elevates Madewell execs to tackle marketing, digital
Three of four appointments to the company's senior management team are Madewell execs gaining more responsibility.
By Maria Monteros • April 7, 2021 -
Gap designs fulfillment system to prioritize 'most valuable' customers
Delivery speeds will be tiered as gold, silver and bronze, which the CEO said would help manage costs.
By A.B. Brown • April 7, 2021 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
Retrieved from Unsplash.
UBS: More than 80K stores likely to close in the next 5 years
E-commerce growth, today's excess retail space and department store declines could push that to as many as 150,000, analysts said.
By Daphne Howland • April 6, 2021 -
The Collected Group exits bankruptcy
The owner Joie, Equipment and Current/Elliott is looking to grow its digital and wholesale business after stumbling in the pandemic.
By Ben Unglesbee • Updated June 7, 2021 -
Chewy boosts automated fulfillment network through new warehouses and retrofits
The e-commerce company plans to open its second automated fulfillment center in Q2 and a "limited catalog facility" in Q3.
By Matt Leonard • April 6, 2021 -
Janie & Jack seeks growth overseas and online
As the premium children's brand picks up where Gap Inc. left off, and with business brisk despite the pandemic, it's also adding apparel for tweens.
By Daphne Howland • April 6, 2021 -
Deep Dive
The omnichannel age is here — and it’s expensive
Store pickup of online orders grew by triple digits amid the pandemic. Retailers are now scrambling to become more efficient sellers across channels.
By Ben Unglesbee • April 5, 2021 -
Retrieved from NASA on March 31, 2021
Walmart, H&M among retailers in US most exposed to Suez Canal disruptions
Earlier this week Ikea confirmed it had containers held up, as companies across industries are addressing the impact of the logjam.
By Matt Leonard • April 1, 2021 -
Home Depot, Lowe's build on supply chain foundations to make quick work of omnichannel
When the pandemic arrived around the same time as the home improvement retailers' busy spring season, they had to pivot to meet demand.
By Shefali Kapadia • March 29, 2021 -
Afterpay shopping event to include physical retail for the first time
The installment payment platform has partnered with more brick-and-mortar retailers in pursuit of in-store transactions.
By Tatiana Walk-Morris • March 22, 2021 -
Sponsored by Citizens Pay
How to improve the customer experience with buy now, pay later
Consumers want to be satisfied with not just what they buy, and the price they pay, but also how they pay.
March 22, 2021 -
Stripe reaches $95B valuation
The payments processing company's new valuation is based on raising $600 million in new capital that it plans to use for further expansion in Europe.
By Lynne Marek • March 16, 2021 -
Mobile wallet industry to reach $3.5 trillion by 2023: report
Western countries are behind in adopting the technology, but the pandemic accelerated the digital transformation of payments.
By Tatiana Walk-Morris • March 12, 2021 -
Klarna raises $1B in funding, hits $31B valuation
The funding makes it the highest-valued private fintech in Europe and the second highest globally, according to the company.
By Tatiana Walk-Morris • March 2, 2021 -
Afterpay to offer installment payments to Stripe, Squarespace
The partnership comes as more consumers look to purchase goods online, and as many continue to reel from the financial impact of the pandemic.
By Tatiana Walk-Morris • Feb. 25, 2021 -
Apple Pay to accept Bitcoin via BitPay cards
Samsung Pay and Google Pay will do the same later this year, as more retailers and their financial partners begin accepting cryptocurrency as payment.
By Tatiana Walk-Morris • Feb. 16, 2021 -
Shopify adds Shop Pay to Facebook, Instagram
It's the first expansion of the service outside of Shopify's own platform, and seeks to offer a smoother buying process.
By Tatiana Walk-Morris • Feb. 10, 2021 -
Sam's Club teams up with Synchrony, Mastercard for rewards program
The club retailer, like others in the retail space, is also simplifying the application process as consumers continue to struggle financially.
By Tatiana Walk-Morris • Feb. 8, 2021 -
Walmart to add Western Union services to stores
The deal signals the retailer's growing interest in the financial services space.
By Tatiana Walk-Morris • Jan. 21, 2021 -
What launching a fintech startup means for Walmart
The big-box retailer's partnership with fintech investor Ribbit Capital signals a shift from earning consumer spending to managing it.
By Maria Monteros • Jan. 21, 2021 -
Mastercard pilot turns smartphones into a point-of-sale device
Expansion into the contactless tech space has accelerated due to the pandemic and is expected to continue.
By Kaarin Moore • Jan. 14, 2021 -
Affirm IPO hits $1.2B
The buy now, pay later tech company announced an initial public offering stock price of $49, but opened at nearly $100 on its first day of trading.
By Daphne Howland , Kaarin Moore • Updated Jan. 19, 2021 -
American Express expands small business perks as it reportedly falls under federal investigation
As the credit card issuer caters to merchants migrating online, multiple agencies are scrutinizing its sales practices, The Wall Street Journal reports.
By Tatiana Walk-Morris • Jan. 8, 2021 -
Afterpay basket size jumps 30% over the holidays
The installment payments firm benefited from pandemic-induced behaviors in favor of contactless buying.
By Kaarin Moore • Jan. 5, 2021 -
7-Eleven unveils mobile wallet to enable contactless payments
The retailer aims to bring cash users into the digital wallet space and make its rewards program more accessible.
By Tatiana Walk-Morris • Dec. 8, 2020