The direct-to-consumer (D2C) business has been remade by COVID-19. Anytime a startup like Scalefast can take $22 million off the venture capital table in the middle of a pandemic, things are changing. Scalefast’s sole reason to exist is based on its ability to make it...
Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor in economic recovery would be one thing: COVID-19 and the ability to mitigate its effects....
The pandemic-driven digital shift is a ready-made moment for new delivery systems like drones. The issue is whether drones are ready for the moment. Questions still abound about privacy and public adoption of the technology, but according to a new report from the World Economic...
Express. Inc., the fashion apparel retailer, is pushing ahead with reopening its stores, the company announced Friday (July 10). 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...
Yotpo, the New York-based eCommerce marketing platform, has been selected as a partner by the UPS Customer Technology Program (CTP) that promises to provide small and medium-sized businesses (SMBs) with access to customer reviews, visual marketing, loyalty and referrals, the company announced. Get the Full Story...
Movie-theater giant AMC Entertainment Holdings’ reported deal to avoid bankruptcy is running into a roadblock as some creditors oppose the deal, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The massive surge in online grocery orders in wake of the coronavirus may have permanently altered shopping habits, which, while a boon to consumers, could pose a challenge to the bottom line of retailers, a new report finds. Get the Full Story Complete the form...
The speed and scale of change in the retail sector has been accelerating by the week during the pandemic. Iconic companies that started the year with a decent balance sheet are now defaulting on lease payments and filing for bankruptcy. Innovative companies are pivoting to...
From a global perspective, the digital shift has included livestreaming for eCommerce, a trend so hot in China that it had to be regulated. In the U.S. the events have not caught on yet, but that may be about to change. Two new companies have...
