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...
Securities regulators in New Hampshire are investigating claims by former Gov. Craig Benson that he lost $100 million because Merrill Lynch churned customer accounts to generate millions in excess commissions, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy...
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 —...
“How can banks, retailers and financial institutions strike the right balance between offering advanced services to customers while flattening the overwhelming spike in fraud?” 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...
As the U.S. prepares for its immersion in livestreaming, new data from China shows that the mid-year 618 shopping festival broke records for revenue and viewership. According to measurement company O’Ratings, livestream shopping generated $449.5 million sales during the 618 festival. Get the Full Story Complete the form to...
The retail recovery continues to be inconsistent, as new reports show that upstream ordering issues will start to hurt suppliers and intermediaries as the pandemic still rages in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
“FIs will need to take a hard look at their digital strategy and service capabilities and focus on ways to deliver the same level of service as they would in a branch.” Get the Full Story Complete the form to unlock this article and enjoy...
The Retail Industry Leaders Association (RILA) represents some of the biggest retailers in the business. As its role has been magnified during the current crisis, so has that of its president, Brian Dodge. The organization has frequently been in the news as it pushes programs...
