One of the mall sector’s more innovative real estate investment trusts has hit financial turmoil. The Pennsylvania Real Estate Investment Trust (PREIT) last week reached a debt restructuring deal with its lenders and sent up a red flag about its future viability if it doesn’t...
Most of the legion of direct-to-consumer (D2C) brands on the scene these days would happily take the trajectory of eSalon: Take a great idea, stay true to the business model, keep the finances in check, get through the pandemic and then create a joint venture...
As it presents possible hurdles for an economy that heavily depends on their amenability to purchase, COVID-19 is making new challenges for the 2020 holiday spending by American consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Seattle-based Nordstrom is launching an order pickup service at Nordstrom Rack stores in the U.S. The retailer is rolling out the new service at the U.S. Nordstrom Rack stores, starting this month, for online orders for Nordstrom.com, NordstromRack.com and HauteLook.com orders. Get the Full Story Complete the...
Consumers crave certainty, and they work pretty hard to minimize the risk of making a bad choice. That’s why once consumers find something that works, they stick with it. And it’s why other people’s thoughts and actions factor so heavily into their decision to try...
Consumers across all age demographics have radically realigned their lives over the last eight months. To say that we aren’t quite the same people we were a year ago might seem overly dramatic. Still, the 2020 edition of the PYMNTS |Visa How We Will Pay consumer...
Tab, shift, delete. It’s our cryptic way of conveying the hurtful news that Tab, one of America’s proto-diet colas and the “drink of beautiful people” since 1963 will shuffle off its carbonated coil as Coca-Cola goes on a diet, trimming its roster of beverage brands...
In the United States, imports are surging, indicating that retailers are getting ready to stock their (real and virtual) shelves in anticipation of the holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The fashion category has arguably been the most complex amid the pandemic and subsequent shift to the digital-first economy. Business models have been flipped to emphasize eCommerce over physical stores. The consumer is buying more casual clothes than they were just six months ago. It’s...
