When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
When there’s less competition and an unforeseen number of customers, it’s time to step up customer strategy. That will be the case in most every category of retail. Big retailers have declared bankruptcy, malls have reported widely varying foot traffic and Main Street retail faces...
Peloton isn’t the only connected fitness D2C company benefitting from the stay-at-home orders related to the pandemic. Nautilus and ICON Health & Fitness have also found new demand for their products as going to the gym falls victim to stay-at-home orders. Get the Full Story...
It’s one step up and one step back for the retail community in Toronto. In the same week, the city’s Digital Main Street program got a boost from academia, while a high-profile smart cities project from Alphabet officially became a casualty of the pandemic. Get...
With retail rent collection dropping precipitously, a new report found that 21 percent of 135 big chains weren’t paying any rent, or were paying only a small part of it last month. National retailers paid just 58 percent of their billed rent in April, which...
As it mulls a potential bankruptcy filing, JCPenney is in discussions with lenders to secure funding of $450 million. The debtor-in-possession (DIP) financing would make the merchant attain specific aims to get the second part of the loan, CNBC reported, citing unnamed sources. Get the...
It’s been seven weeks since Scottie Etheridge, 48, of Key West, Florida has had a haircut. 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...
Long before the coronavirus pandemic struck, the health of independent pharmacies was suffering. 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 Today....
Roman philosopher Gaius Plinius Secundus, better known as Pliny the Elder, famously said “Home is where the heart is” somewhere around the year 45 AD — thus coining an aphorism that has had stunning staying power for the last 2,000 or so years. While the...
