Retail

Retail
Target Boosts Beginning Wage To $15, Extends Pandemic Benefits
June 17, 2020

As it invests almost $1 billion more on its team than it did last year, Target said it would permanently increase its beginning wage for staffers in the U.S. to $15 hourly. The retailer also said it would provide its frontline retail location and distribution...

Retail
eCommerce Takes Half Of Pandemic-Driven Retail Growth
June 17, 2020

The dramatic consumer shift to Digital 3.0 — predicted months ago by the PYMNTS COVID-19 tracker work — is accounting for almost half of the retail growth in the US. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Clienteling Comes To Digital 3.0
June 17, 2020

Clienteling is familiar to any retailer who wants to stay in touch with their most valuable customers. But it too is now making the shift to Digital 3.0 as clienteling software platforms embrace eCommerce. Get the Full Story Complete the form to unlock this article...

Retail
Neiman Marcus Obtains Access To $250M With DIP Financing
June 17, 2020

Neiman Marcus Group has obtained U.S. court approval to get debtor-in-possession financing. The retailer said $250 million is available now and a further $150 million will be available as needed after Sept. 4, according to a statement. Get the Full Story Complete the form to...

Google, Carrefour Team On Voice-Activated Grocery Delivery
June 16, 2020

Carrefour Group, one of the world’s biggest supermarket chains, and Google are launching a voice-activated grocery shopping service in France. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Forever 21 Bailout Team May Rescue JCPenney
June 16, 2020

JCPenney may have a suitor. Reports circulating Tuesday (June 16) have Authentic Brands teaming with mall landlords Simon Property Group and Brookfield Properties teaming up to purchase the troubled retailer, which filed for bankruptcy on May 15. Get the Full Story Complete the form to...

Retail
Live Streaming Set For Huge 618 Festival In China
June 16, 2020

U.S. eCommerce companies may be missing out on one of the hottest global trends. In China, eCommerce live streaming is all the rage — and a huge revenue generator — with all indications that eCommerce giants there will keep it growing. Get the Full Story...

Retail
David’s Bridal Teams With Popwallet For Marketing Via Mobile Wallets
June 16, 2020

As a next step in the direction of a digital-first, omnichannel experience, David’s Bridal is teaming with mobile wallet marketing automation platform Popwallet. The bridal and special occasion brand will have the ability to engage directly with shoppers in a “personalized, innovative, and dynamic” fashion...

Retail
US Retail And Food Service Sales Jump A Record 17.7 Pct In May
June 16, 2020

U.S. retail and food services sales rebounded in May from April amid the pandemic, but they were still under levels seen in May  2019, according to the latest U.S. Census Bureau advance monthly sales numbers. The agency estimated advance monthly sales for May of $485.5...