As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. Get the Full Story Complete the form to...
Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary Vaynerchuk’s Empathy Wines. The move follows the announcement in mid-June that The Macallan Scotch Whisky would also begin selling DTC, which has accelerated...
If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On both sides of the Atlantic, the news was nothing short of devastating for icons like the U.K.’s John Lewis –...
To provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include a virtual camp called Camp by Walmart and a drive-in movie theater experience in conjunction with Tribeca Enterprises that will change the retailer’s...
As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States,...
While online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the federal watchdog agency responsible for regulating eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
COVID-19 continues to take the shine off luxury goods. Despite some signs of improvement this month, LVMH, the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased by lockdowns across Europe and the United States in recent months, and that an immediate...
The digital shift at retail continued its momentum this week as Walgreens and Lululemon both made significant moves to embrace the online consumer experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
