Retail

Retail
Accenture, MIT Develop Stress Test For Supply Chain Resilience
October 26, 2020

To evaluate the financial and operational risks presented by significant market interruptions, disasters or other catastrophic occurrences, Accenture and the Massachusetts Institute of Technology (MIT) are creating a supply chain resilience stress test together. Get the Full Story Complete the form to unlock this article...

Retail
Shape Shifter: AI Takes On New Roles In Retail
October 26, 2020

The digital-first economy must revolve around the customer. Just getting a serviceable eCommerce site won’t cut it in the “new normal.” As retailers of all shapes and sizes race to get online to catch the consumer’s digital shift, they will need to move beyond simplicity...

Retail
Ross Stores Expands Physical Footprint With 39 New Stores
October 26, 2020

Ross Stores has opened 30 Ross Dress for Less® retail locations and nine dd’s DISCOUNTS® retail locations throughout 17 states in October, marking the completion of its store growth plans for fiscal 2020, according to a Monday (Oct. 26) announcement. Get the Full Story Complete...

Retail
The Pandemic’s Latest Wave Meets The Digital-First Economy
October 26, 2020

It’s difficult to say whether the pandemic is making a comeback because to “make a comeback,” it would technically have had to have gone away — which it never really has. But even localities that were more successful in reducing COVID-19 rates during the summer...

Retail
Why Toys Are Making A 2020 Comeback
October 23, 2020

It’s been a good year to be in the business of selling toys, a fact demonstrated by Mattel’s recent earnings release showing a surprising jump in quarterly sales, with hope for more to come as the annual holiday shopping season is revving up. Get the...

Retail
The Gap Sets Out Digital-First Strategy
October 23, 2020

The Nike retailing model has shown itself again as The Gap announced Thursday that it will close underperforming stores, focus on the digital-first economy and exit its mall locations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Black Friday Loses Deep Discount Retail Strategies
October 23, 2020

Despite the fact that many retailers are creating their own versions of Black Friday, the traditional one that happens the day after Thanksgiving will still occur as a retail event. The overcrowded stores and the insane rush to grab the latest bargain may not be...

Retail
Tractor Supply Company Net Sales Rise 31.4 Pct
October 23, 2020

Rural lifestyle retailer Tractor Supply Company reported net sales climbed 31.4 percent and comparable store sales rose 26.8 percent in Q3, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
UK Retail Sales Volumes Climbed 1.5 Pct In September
October 23, 2020

The U.K.’s Office for National Statistics reported on Friday (Oct. 23) that retail sales volumes rose by 1.5 percent in September in contrast to August, marking the fifth straight month of expansion, according to a statistical bulletin. Get the Full Story Complete the form to...