Retail

Retail
Starship Technologies Rolls Out Robotic Food Delivery In Arizona
April 10, 2020

Amid increasing demand for contactless delivery, Starship Technologies has rolled out a robot food delivery offering in Tempe, Arizona. The firm has been increasing its commercial services, with a plan to expand to 100 colleges by late summer of next year, per reports. Get the Full...

Retail
New Data Says Department Stores Have 40 Percent Chance Of Defaulting
April 09, 2020

Former Rue21 CEO Bob Fisch said in a recent interview that department stores were “fossils” and belonged in museums only, and new market data doesn’t seem to dispute his opinion. Amid the current coronavirus pandemic, department stores have the highest chance of defaulting among any...

Retail
Away Luggage Company Furloughs Approximately Half Its Staff
April 09, 2020

With the COVID-19 pandemic bringing travel to a standstill, Away has announced it is furloughing approximately half of its team and laying off an additional 10 percent. The travel luggage company noted in a Medium post that it has seen sales of its products drop by over 90 percent...

Retail
Could TJX, Other Offline Retailers Regret Their eCommerce Abandonment?
April 09, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. At the time, several analysts and publications (this one included) split their judgment on the move. On one...

Retail
Clienteling Gives Retailers COVID-19 Interaction Options
April 09, 2020

Clienteling — the practice of assigning retail sales associates to high value customers — is having a moment. What was known as a “nice to have” practice pre-COVID-19 has now become a way to keep a valuable channel open as non-essential stores are mandated to...

Retail
Retail Job Losses Await COVID-19 Turnaround
April 09, 2020

We know retail was among the categories that contributed heavily to last week’s historic unemployment numbers. What’s not so clear is when those jobs will return or what will happen to the employees who have lost those jobs as a result of the COVID-19 pandemic....

Retail
Ulta Beauty To Put Many Retail, Salon Associates On Leave
April 09, 2020

Amid the spread of the coronavirus, Ulta Beauty Inc. said it plans to put many of its retail staffers on leave. The company said the temporary furlough is effective on April 19. All furloughed staffers who are in company benefit plans will stay enrolled, according to an announcement.  ...

Retail
In China, Pent-Up Demand For Cosmetics A Blip Or Trend?
April 08, 2020

Emerging from lockdown, Chinese consumers may be opening up (digital) wallets and purses … though gradually. 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 our daily...

Retail
Nordstrom: Finances Could ‘Become Distressed’ If Stores Stay Shuttered
April 08, 2020

Nordstrom said the crisis arising from the novel coronavirus’ spread has had a “substantial impact” on its business. It detailed that impact in a regulatory filing with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article...