We’re now a month into the COVID-19 pandemic and the world is adapting to a new normal where going out is minimal, ordering online is...
American Express reported results Friday (April 24) that showed a marked decline in card spending in the last few weeks of the first quarter tied...
Following a period of lockdown in the nation, Italy’s collection of artisan companies and stationers have begun to reopen their doors. A cautious sense of...
The business and consumer timelines for reopening retail don’t quite match up, which could be devastating news for malls. Several conditions beyond government permission will be needed...
Main Street may not be able to save itself in the aftermath of the COVID-19 crisis. Several small to mid-sized towns and cities were already...
Recurly Senior Vice President Danielle Gotkis told PYMNTS, “Balancing the need to do the right thing while keeping revenue streams alive is something that every...
For non-essential retail, once again rent is due and revenue is marginal. This time, as the May leases come due, the financial situation is more...
In the absence of clear federal government direction, retailers are taking reopening guidelines into their own hands. The most notable example comes from Kroger, which...
As it tries to restart and reshape its business following a lengthy closure, Pret A Manger is reportedly in discussions to bring in a €100m loan from...