shopping

How consumers find what they want to buy and buy it in a world that is no longer defined by a physical place but what a consumer wants to buy and how she wants to buy it. Connected devices and the integration of payments into this now digital-led shopping journey is creating new ways for merchants and consumers to interact and disrupting traditional retail business models.

Neiman Marcus Finds New CEO In Former Ralph Lauren Executive
Neiman Marcus Finds New CEO In Former Ralph Lauren Executive
January 08, 2018  |  News

In the wake of the retirement of Karen Katz as CEO of Neiman Marcus, the company has said she will be succeeded by Geoffroy van Raemdonck, who...

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Costco’s December Sales Spike
Costco’s December Sales Spike
January 08, 2018  |  Retail

Costco had a very merry holiday season, with net sales up to $14.94 billion for the five-week period that ended Dec. 31. — a 14.3 percent increase...

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Bringing Luxury To The Humble Vending Machine
Bringing Luxury To The Humble Vending Machine
January 08, 2018  |  Retail

The word “vending machine” elicits a few typical images: candy bars, chips and soft drinks — though if one spends enough time in an airport personal...

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Payments 2018: Think This — Not That
Payments 2018: Think This — Not That
January 08, 2018  |  Payments Innovation

In 800 B.C., when people wanted to know the answer to “what’s next” about their personal futures, they flocked to Delphi and asked Pythia, the...

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Startup Spotlight: Getting To The Point Of The Retail Shift
Startup Spotlight: Getting To The Point Of The Retail Shift
January 05, 2018  |  Retail

The retail apocalypse is fake news if you ask Mark Cummins, co-founder of Irish startup Pointy. Brick-and-mortar retail is changing, no doubt, but Cummins noted...

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Neiman Marcus CEO Stepping Down
Neiman Marcus CEO Stepping Down
January 04, 2018  |  Retail

Karen Katz, CEO of Neiman Marcus Group, will be stepping down from her post, where she has served since 2010, according to news from The...

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Kickstarting A Direct-To-Consumer Wine Business
Kickstarting A Direct-To-Consumer Wine Business
January 04, 2018  |  Retail

Describing a business as “a mediocre corporation” usually doesn’t generate a stellar review. A small subset of workers and entrepreneurs in Dallas, however, work at...

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More Closures In Store For Macy’s
More Closures In Store For Macy’s
January 04, 2018  |  Retail

Macy’s will shutter approximately 30 stores as the retailer continues to sell its real estate and invest in eCommerce, CNBC reports. As the company moves to...

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Experts Predict More Retail Closures In 2018 Despite Strong Holiday Season
Experts Predict More Retail Closures In 2018 Despite Strong Holiday Season
January 03, 2018  |  Retail

The holiday season is officially over, and the news was better than expected. Sales were up 4.9 percent — the biggest year-over-year uptick since 2011...

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