Retail

Retail
Paytronix Offers Toast Eateries Online Ordering Integration
April 01, 2020

With the widespread closing of restaurants due to the COVID-19 pandemic, the pressure is on for eateries to come up with ways to tough it out through the crisis. Customer engagement firm Paytronix Systems said its online ordering software, using the software-as-a-service model, has what...

Retail
Could Experiential Offerings Save The Shopping Mall?
April 01, 2020

Mall owners are starting to feel the COVID-19 pinch. Taubman is sticking tight to its rent guidelines. Simon Property Group has cut its workforce. As mall owners start to face the reality of the COVID-19 crisis, they and every non-essential retail segment could use some...

Retail
Can eCommerce Overcome The Strain Of COVID-19?
April 01, 2020

While it is the only option for many retailers, eCommerce is running into its own limitations under the pressure of the COVID-19 crisis. And as those limits become evident, some strategies to navigate them are also coming to the fore. Get the Full Story Complete...

Retail
Blockchain Finds New Home In Retail Food Supply
April 01, 2020

Food retailers need to embrace a new term: digital traceability. It describes a new process that shows the importance consumers are placing on the origins of their food in the throes of the current coronavirus pandemic. And it could be one of the killer apps...

Retail
Breakup In Aisle Three: Retail Tech Goes The Distance
April 01, 2020

That same voice calling for a cleanup in the produce aisle may also start telling people to break it up. With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the...

Retail
Adidas Pays Landlords For April Rent Following Criticism
April 01, 2020

After being criticized for its decision to defer rental payments, Adidas apologized for saying it would halt rent payments for retail locations globally that had to shutter due to COVID-19 lockdowns and that it would pay for April. The German labor minister had deemed the...

Retail
Foxconn Aims To Make Up For Lost Time With iPhone 5G Rollout
April 01, 2020

Even with the disruption caused by the coronavirus crisis, the most crucial manufacturing partner of Apple Inc. has informed investors that it can still have the newest 5G iPhones ready for a rollout in the fall. Hon Hai Precision Industry Co., which is also known...

Retail
Simon & Schuster, Authors Back Online Bookstore Helping Indie Sellers
March 31, 2020

As bookstores remain shuttered nationwide, a 3-month-old online seller is stepping up. 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 newsletter, PYMNTS Today. By...

Retail
Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls
March 31, 2020

As social distancing and stay-at-home orders continue due to the escalating COVID-19 pandemic, Simon Property Group has furloughed about 30 percent of its workforce, or about 1,200 to 1,400 people, according to a report on Tuesday (March 31) in CNBC. Get the Full Story Complete...