Men’s Wearhouse owner Tailored Brands might seek bankruptcy in the third quarter of its fiscal year, according to a 10-Q regulatory filing with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
COVID-19 didn’t create the idea of selling direct to consumer, but the outbreak has massively expanded consumer interest in the idea across virtually all commerce verticals, sticky.io Chief Operating Officer Ro Bhatia told PYMNTS in a recent conversation. He said DTC is looking less and...
Pizza sales – and pizza-chain hiring – are both going through the roof during the pandemic. 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...
Walgreens Boots Alliance Inc. CEO Stefano Pessina is stepping down, the company announced on Monday (July 27). 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...
Retailers are starting to pay the rent. A new report from the National Association of Real Estate Investment Trusts (NAREIT) shows that rent collections for free-standing and shopping mall-focused real estate investment trusts (REITs) gained ground in July on top of gains in June. The...
Target said in a press release on Monday (July 27) that, as part of its holiday shopping and COVID-19 plans, it will close on Thanksgiving. The chain’s move follows Walmart’s announcement that it will also close stores on that same holiday. Get the Full Story...
As the U.S. shellfish industry was headed into 2020, the big concern was climate change. People who made their living in the business were worried that higher ocean temperatures would increase algae blooms and therefore be a destructive factor in the care, farming and feeding...
As it follows in the footsteps of Walmart Inc. and others that have declared mask requirements to help stop COVID-19’s proliferation, McDonald’s Corp. said it would mandate that all of its U.S. diners wear masks starting in August, The Wall Street Journal reported. Get the...
Megamalls are having mega problems. The two largest U.S. malls — Minnesota’s Mall of America and New Jersey’s American Dream mall — are struggling, with the company that owns both recently skipping a third straight payment on the Minnesota property. Get the Full Story Complete...
