As Papa John’s seeks to meet “extraordinary demand,” the quick-service restaurant (QSR) reported that May comparable sales jumped 33.5 percent in North America and 7 percent internationally. President and CEO Rob Lynch said in a statement that the company’s workers and franchisees provided “the best...
If baseball returns to parks this year, the highest paid players could lose most of their salaries, according to a proposal by Major League Baseball (MLB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Shopping for high-fashion apparel continues to change under the pressure of the pandemic. Runways and star-studded front rows are moving to the back, while Instagram makes a play to become the go-to platform for fashion. Get the Full Story Complete the form to unlock this...
With so many retailers hustling to capture the digital shift, it’s easy to let the details suffer. Unanswered customer complaints is one common example, particularly for companies that are new to amplifying their online channels. A new category is starting to grow around this area...
Revenge shopping will not be a factor in the U.S. retail reopening. With all 50 states now in some phase of loosening lockdown restrictions, there were only scattered reports of large crowds or binge-buying that would compare to some of the behaviors seen in China...
To decrease its outstanding liabilities and bolster its total financial position, Tuesday Morning Corporation said in a statement that it has filed for Chapter 11 bankruptcy to pursue “financial and operational reorganization.” The retailer said it filed voluntary petitions in the United States Bankruptcy Court for the...
San Francisco is making it easier for restaurants to reopen as the city’s mayor launched a plan to extend seating onto sidewalks, parking spaces and streets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Apple, which runs 510 retail locations throughout the globe, intends to open roughly 100 U.S. stores this week. The technology company will have approximately 130 of 271 Apple Stores in the country open by this week’s conclusion, CNBC reported. Get the Full Story Complete the...
Stephen Ross, chairman of Related Cos., said bankruptcy could be the future for many retailers as the effects of the pandemic continue to play out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
