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The average Amazon shopper still earns more than Walmart's, and it reveals a key challenge for the e-commerce giant
News 14 hours ago
The average Amazon shopper still earns more than Walmart's, and it reveals a key challenge for the e-commerce giant

The demographics of the average Amazon and Walmart shopper are almost identical, aside from their annual household income. According to data...

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Stationery chain Papyrus is filing for bankruptcy and closing all of its stores, impacting more than 1,000 jobs
News 1 day ago
Stationery chain Papyrus is filing for bankruptcy and closing all of its stores, impacting more than 1,000 jobs

Stationary chain Papyrus filed for bankruptcy and confirmed it would close all of its stores across the US and Canada on Thursday. The company is...

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We visited an Express store and the empty ghost town clearly showed why the brand is closing 100 stores
News 1 day ago
We visited an Express store and the empty ghost town clearly showed why the brand is closing 100 stores

Express announced this week that it will close 100 stores by the end of 2022, including 31 stores by the end of this month. We visited an Express...

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The rise and fall of Sears, once the largest and most powerful retailer in the world
News 1 day ago
The rise and fall of Sears, once the largest and most powerful retailer in the world

Sears was once the largest retailer in the world, with a sky-scraping headquarters and legacy brand status. What started as a humble mail-order...

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Whole Foods shoppers report food shortages and empty shelves at some stores as the company faces supplier issue
News 2 days ago
Whole Foods shoppers report food shortages and empty shelves at some stores as the company faces supplier issue

Whole Foods said Wednesday that its supplier of private-label beans, grains, lentils, and rice unexpectedly closed, leading to shortages of those...

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Malls across the US are trying to survive the 'retail apocalypse' by adding rides, indoor ski parks, and other entertainment options
News 2 days ago
Malls across the US are trying to survive the 'retail apocalypse' by adding rides, indoor ski parks, and other entertainment options

Thousands of retail stores in the US have closed in the past few years because of changing consumer needs. This "retail apocalypse" is crippling...

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Lucky's Market confirms that it's closing most of its stores, and reveals the 7 that will remain open
News 2 days ago
Lucky's Market confirms that it's closing most of its stores, and reveals the 7 that will remain open

Lucky's Market confirmed Thursday that it plans to close dozens of stores. "After exploring multiple alternatives, the decision was made to close...

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Gap canceled its spinoff of Old Navy, but it's still one of America's most beloved brands. Here's a look at its rise to be a retail powerhouse.
News 2 days ago
Gap canceled its spinoff of Old Navy, but it's still one of America's most beloved brands. Here's a look at its rise to be a retail powerhouse.

Though Gap reversed its decision to spin off its Old Navy brand last week, the brand remains beloved among Americans, outfitting families for...

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Bed Bath & Beyond is closing 41 stores – here's the full list
News 2 days ago
Bed Bath & Beyond is closing 41 stores – here's the full list

Bed Bath and Beyond is closing 41 stores in the US and Canada, according to a company spokesperson. Spokeswoman Jessica Joyce shared the full list...

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Express is closing 31 stores in 20 states this month. See if your local store is on the list.
News 3 days ago
Express is closing 31 stores in 20 states this month. See if your local store is on the list.

Express is closing 100 stores by 2022, including 31 stores across 20 states by the end of January 2020. Business Insider obtained the full list of...

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A regional grocery chain is abruptly closing most of its stores and laying off thousands of employees, report says
News 4 days ago
A regional grocery chain is abruptly closing most of its stores and laying off thousands of employees, report says

Lucky's Market is closing most of its stores, the South Florida Sun Sentinel reported Tuesday. Kroger said in December that it planned to divest...

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An adorable grocery robot is celebrating his first birthday with a party in hundreds of stores — and it reveals a dystopian truth about the future of retail
News 4 days ago
An adorable grocery robot is celebrating his first birthday with a party in hundreds of stores — and it reveals a dystopian truth about the future of retail

A cute grocery store robot named Marty is celebrating its first birthday this week. The clean-up assisting robot was rolled out to 172 Giant Food...

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We visited a Pier 1 store that's preparing to shutter and found its closing sale confusing and disorganized
News 4 days ago
We visited a Pier 1 store that's preparing to shutter and found its closing sale confusing and disorganized

Pier 1 Imports revealed earlier this month that it plans to close up to 450 stores, about half of its total locations. The closures could affect...

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This is what the average Walmart shopper looks like
News 6 days ago
This is what the average Walmart shopper looks like

Walmart is the biggest retailer in the US — and the world — and attracts millions of shoppers to its stores each year. With this in mind, Business...

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The rise and fall of Bed Bath & Beyond, one of America's most iconic big box retailers
News 1 week ago
The rise and fall of Bed Bath & Beyond, one of America's most iconic big box retailers

Since its founding in 1971, Bed Bath & Beyond has been a go-to destination for home goods, appealing to shoppers with its convenient and affordable...

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Stationery chain Papyrus is reportedly shutting down stores across the US
News 1 week ago
Stationery chain Papyrus is reportedly shutting down stores across the US

Paper goods chain Papyrus plans to shutter stores across the United States, according to Retail Dive. The Schurman Retail Group, Papyrus' parent...

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Payless is staging a comeback less than a year after closing all its US stores in one of the largest retail liquidations in history
News 1 week ago
Payless is staging a comeback less than a year after closing all its US stores in one of the largest retail liquidations in history

Payless ShoeSource is relaunching in the US after emerging from Chapter 11 bankruptcy protection, the company said Thursday. Payless filed for...

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Bed Bath & Beyond is closing stores in at least 8 states. See if your local store is on the list.
News 1 week ago
Bed Bath & Beyond is closing stores in at least 8 states. See if your local store is on the list.

Bed Bath and Beyond is planning to close dozens of stores this year. We compiled a list of the stores that the company has announced for closure so...

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Walmart is bringing autonomous inventory management robots to 650 more stores by this summer
News 1 week ago
Walmart is bringing autonomous inventory management robots to 650 more stores by this summer

This story was delivered to Business Insider Intelligence Payments & Commerce subscribers earlier this morning. To get this story plus others to...

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Pier 1 erased more than 260 stores from its website after announcing it would close hundreds of stores. Here's the full list.
News 1 week ago
Pier 1 erased more than 260 stores from its website after announcing it would close hundreds of stores. Here's the full list.

Pier 1 said earlier this month that it plans to close 450 stores, or about half of its total store count. The company has not released a list of...

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Opening Ceremony, the high-end retailer beloved by millennials, is shuttering all its stores in 2020 — and it's just the latest victim of the retail apocalypse
News 1 week ago
Opening Ceremony, the high-end retailer beloved by millennials, is shuttering all its stores in 2020 — and it's just the latest victim of the retail apocalypse

After 18 years, high-end retailer Opening Ceremony has announced it will be closing all its stores around the world. Cofounders Carol Lim and...

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New in-store technologies took center stage at the National Retail Federation's annual Big Show
News 1 week ago
New in-store technologies took center stage at the National Retail Federation's annual Big Show

This story was delivered to Insider Intelligence Payments & Commerce subscribers earlier this morning. To get this story plus others to your inbox...

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Fall Risk founder says that bucking the 'frictionless' retail trend helped him grow his company, which he started with a phone number that people called to buy clothes
News 1 week ago
Fall Risk founder says that bucking the 'frictionless' retail trend helped him grow his company, which he started with a phone number that people called to buy clothes

Fall Risk founder and design director John Targon said during a session at Business Insider's IGNITION: Redefining Retail conference in New York...

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These are the 6 trends that will define online retail this year
News 1 week ago
These are the 6 trends that will define online retail this year

Speaking at Business Insider's IGNITION Redefining Retail event, Geoff Ramsey, co-founder and chief evangelist of eMarketer, said to look out for...

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VISA says there is a payments technology that both buyers and sellers want 'because it just works'
News 1 week ago
VISA says there is a payments technology that both buyers and sellers want 'because it just works'

Mary Kay Bowman, Head of Global Seller Solutions at VISA Inc., spoke at Business Insider's IGNITION: Redefining Retail conference on Tuesday about...

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Why the buzzy direct-to-consumer lingerie company Lively thinks pop-ups are the future of retail
News 1 week ago
Why the buzzy direct-to-consumer lingerie company Lively thinks pop-ups are the future of retail

Speaking at Business Insider's IGNITION Redefining Retail event on Tuesday, Lively founder and CEO Michelle Cordeiro Grant said pop-up stores have...

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Rent the Runway plans to launch a brand made entirely out of recycled materials, COO says
News 1 week ago
Rent the Runway plans to launch a brand made entirely out of recycled materials, COO says

Rent the Runway will be partnering with an unnamed influencer to launch a new brand made out of recycled materials in the springtime. COO Anushka...

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Apple's former retail chief says Amazon has a 'tough' decade ahead because rivals like Walmart and Target are growing faster (AMZN)
News 1 week ago
Apple's former retail chief says Amazon has a 'tough' decade ahead because rivals like Walmart and Target are growing faster (AMZN)

Apple's former retail chief Ron Johnson says Amazon may have a "tough" decade ahead as rivals like Target and Walmart are growing faster. He also...

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Walmart is bringing robots to 650 more stores as the retailer ramps up automation in stores nationwide (WMT)
News 1 week ago
Walmart is bringing robots to 650 more stores as the retailer ramps up automation in stores nationwide (WMT)

Walmart is adding more robots to its stores, a spokesperson confirmed to Business Insider. The shelf-stocking Bossa Nova robots will be expanding...

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IN-STORE PERSONALIZATION REPORT: How hyper personalization in the retail industry can help brick-and-mortar retailers compete with e-tailers
News 1 week ago
IN-STORE PERSONALIZATION REPORT: How hyper personalization in the retail industry can help brick-and-mortar retailers compete with e-tailers

This is a preview of The In-Store Personalization Report from Business Insider Intelligence. Purchase this report. Business Insider Intelligence...

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