Department Stores Payment Services Store Operations 
Retail TouchPoints
MARCH 7, 2025
Even though more than half ( 56% ) of retailers surveyed by KPMG completed a major payments modernization program within the past year, even more 83% already are modernizing their payment infrastructure, or are planning to do so in the new future. Consumer and Retail Leader at KPMG in an interview with Retail TouchPoints.
Retail TouchPoints
FEBRUARY 7, 2023
million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. The concept was developer by Triple Five Group and is billed as the “first-ever modest clothing department store” (i.e.
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Retail TouchPoints
JULY 9, 2024
JCPenney has faced the same challenges that bedevil the entire department store vertical, ranging from lower foot traffic at malls to the high operating costs that come with significant brick-and-mortar investments. distribution center with a new induction, sorting and packing system.
Retail TouchPoints
APRIL 6, 2022
Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. Retailers closed a record 12,200 stores in 2020, with an outsize share coming from malls and one-third of the total from department stores specifically, according to data from CoStar Group. URW valued its U.S.
Retail TouchPoints
OCTOBER 10, 2024
“Delivering a great fan experience is central to everything we do here at Lumen Field, and our customers love the convenience of Amazon’s Just Walk Out technology,” said Zach Hensley, Seahawks VP of Operations and General Manager of Lumen Field in a statement.
Retail TouchPoints
MARCH 13, 2024
The trend of a cautious yet resilient consumer has continued into the early stages of 2024, with high-ticket luxury and department store industries underperforming sectors that sell necessities — online retail, discount/club, automotive and grocery. Full-service restaurants are trailing their limited-service peers.
Retail TouchPoints
NOVEMBER 7, 2023
What’s more, these scenarios are also becoming more blatant in recent months as fraudsters have raided and ransacked department stores. Raz is responsible for end-to-end management of all operational aspects of the data and analytical products for Appriss Retail across hundreds of global retailers.
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