Omnichannel is a buzzword in retail, yet a majority of retailers don’t have anyone heading up the efforts to actually implement the multichannel sales approach, according to a new survey from order management solutions provider Shopatron. Get the Full Story Complete the form to unlock this article...
Although a growing number of consumers prefer to shop online, a new survey from Retale reported that a majority prefer to return or exchange gifts in-store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Target’s digital efforts paid off during the 2014 holiday season as the retailer broke its seasonal digital sales record with a 40 percent increase on Black Friday and Cyber Monday from 2013’s numbers, Chain Store Age reported. Get the Full Story Complete the form to...
The month after Christmas was a mixed bag for retailer J.C. Penney. While it reported that its holiday sales were better than expected in December, the company also announced Thursday (Dec. 8) that it would be shutting down 40 stores. Get the Full Story Complete...
U.K. supermarket giant Tesco said Thursday (Jan. 8) that it will dump nearly 100 stores, lay off thousands of employees, and possibly sell Dunnhumby, the customer-data subsidiary responsible for the chain’s highly successful loyalty program, The Guardian reported. Get the Full Story Complete the form...
Fast-casual food chain Panera Bread has now rolled out its “Panera 2.0” upgrade to about 100 of its 1,845 cafes, adding online and mobile ordering and no-wait to-go orders, according to Nation’s Restaurant News. Get the Full Story Complete the form to unlock this article...
The number of cyberattacks against retailers has dropped by 50 percent over the last two years, but thieves are getting much more data from a typical attack, according to new data from IBM — and much of it is coming directly through flawed e-commerce websites,...
Apple is currently finishing up work on software for the Apple Watch, which may be available in the U.S. by the end of March, according to Seeking Alpha. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Circle’s Bitcoin wallet now allows its users to pay in-store with bitcoins using the Circle mobile app, VentureBeat reported on Tuesday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
