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The ‘gold standard’ for holiday purchases has ‘a huge drawback,’ analyst says — but it may still be the best way to pay on...

More Americans are struggling financially just as the peak shopping season kicks into high gear. Yet shoppers will still shell out $1,455, on average, on holiday gifts — in line with last year, according to a recent report.  Aside from how much you spend, which payment method...

Fanatics, Nike take sports merchandise model global in deal with Yomiuri Giants, Japan’s most popular baseball team

Sports commerce platform Fanatics is expanding a recently signed long-term partnership with Nike to include manufacturing and distribution of merchandise for the Yomiuri Giants, Japan’s most successful and popular baseball team. In addition to exclusive merchandising rights, Fanatics will operate e-commerce and physical retail businesses for the...

Inflation forces mom and pop restaurants and big chains to lean on their unique strengths

As the restaurant industry battles inflation, the large size of chains and their access to cash gives them the upper hand, but independents have advantages of their own when managing higher costs. Feeling the pressure on their budgets, consumers have been cutting back on their...

Sneaker and streetwear retailer SNIPES selects Nedap iD Cloud for multi-brand RFID project

Stocking global brands such as Nike and leading own brands such as Karl Kani, SNIPES’ partnership with Nedap began in Germany earlier this year. All German stores, equivalent to nearly half of all SNIPES stores in Europe, will deploy iD Cloud before the end of 2022....

Macy’s raises earnings forecast, says it has fresh inventory for the holidays

Macy’s on Thursday raised its earnings forecast for the year as strong luxury sales boosted the department store operator’s quarter and fresh merchandise arrived for the holidays. The company left its revenue guidance unchanged though, after trimming projections in August, as it faces a tougher sales...

American Dream Mall Gears Up For What Could Be Its Biggest Black Friday

This Friday will be the fourth Black Friday for the giant American Dream mall in the New Jersey Meadowlands. But in a lot of ways it feels like the first real one. Heading into the big holiday weekend, American Dream, for the first time, finds...