Less than 90 days after REI, the outdoor recreation retailer, cut 25 percent of its workforce at its Kent, Washington headquarters, hundreds more workers will be laid off nationwide amid the pandemic, SeattlePI reported. Get the Full Story Complete the form to unlock this article...
Apple Inc. employees and shoppers who expected to see the California-based technology giant reopen its stores this summer got some bad news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Livestreaming eCommerce is finally picking up steam in the U.S., care of an evolving business model from a three-year-old startup called Glamhive. The company has hosted two events so far, bringing at least one major sponsor together with a star-studded array of Hollywood stylist talent....
As the United States experiences a coin shortage due to the pandemic, some brick-and-mortar retailers are forcing consumers to tell cashiers to “keep the change.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Contactless payments have been available since the mid-1990s, but the coronavirus has put the technology in the forefront. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
A somewhat rocky reopening is afoot in America as businesses try to meld governmental mandates with the realities of foot traffic to forge new models from existing retail concepts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The corporate parent of New York & Company has filed for federal bankruptcy court protection in the latest in a growing lineup of big-name retailers that have imploded amid the coronavirus-driven economic downturn. Get the Full Story Complete the form to unlock this article and...
Reeling from the impact of the coronavirus, department store chains and other retailers are scrambling to offload mountains of now-unwanted clothing and other products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As consumer demand stays low even with the “turning point” of thousands of more shops reopening, retail traffic for June was significantly lower than the same month in 2019. Numbers from the retail experts at Springboard show that traffic throughout British shopping destinations dropped by...
