Retail

Retail
World’s Largest Brewer Says Beer Is Flowing Again Post-COVID
July 30, 2020

In what may be the strongest sign yet that COVID-19 has not wrought the end of Western Civilization, the brewer of Budweiser, Corona and Stella Artois said on Thursday (July 30) that sales were up in June 2020 compared to June 2019. Get the Full...

Retail
Impossible Burger Makes Its Way To Walmart
July 30, 2020

The Impossible Burger vegetable-based meat alternative landed in the grocery sections of Walmart stores on Thursday (July 30). 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...

Retail
Walmart Reduces Corporate Workforce With Layoffs
July 30, 2020

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
COVID Pushes California Pizza Kitchen Into Bankruptcy
July 30, 2020

California Pizza Kitchen (CPK) is the latest big restaurant chain to fall on hard times in the wake of the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Retail
PayPal, Mercado Libre Integrate Payments Systems In Brazil and Mexico
July 30, 2020

Mercado Libre announced Thursday (July 30) that it will integrate PayPal as a payment option in Brazil and Mexico. The move builds on a partnership signed between the Latin American marketplace and payments powerhouse and PayPal in December 2019 and opens Mercado Libre to a...

Retail
Retail Industry Groups Support New Stimulus
July 30, 2020

Retail industry trade leadership likes what it sees from Washington so far. As the new stimulus package starts its journey from initial proposal to tense negotiations, both the National Retail Federation (NRF) and Retail Industry Leaders Association (RILA) have expressed support for several aspect of...

Retail
Dunkin Earnings Go Light On Digital Acceleration
July 30, 2020

The digital shift is coming late to Dunkin’ Brands. The company’s Q2 earnings, announced Thursday morning (July 30), showed an expected drop in store revenue due to the pandemic, but afforded minimal details on the chain’s stated goal of digital acceleration. Get the Full Story...

Retail
Shipt COO: Why Success Requires More Than Just Great Tech
July 30, 2020

For some companies, the digital shift has been more seismic than subtle. Shipt is one of those companies. Owned by Target, the shopping and delivery service has seen a business spike in numbers that are massive even in the context of the current crisis. Among...

Retail
Walmart To Equip Employees With Customer Service App
July 29, 2020

Walmart is giving customer-facing employees a new tool to help them answer shoppers’ questions. 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...