Retail

Retail
Can eCommerce Overcome The Strain Of COVID-19?
April 01, 2020

While it is the only option for many retailers, eCommerce is running into its own limitations under the pressure of the COVID-19 crisis. And as those limits become evident, some strategies to navigate them are also coming to the fore. Get the Full Story Complete...

Retail
Blockchain Finds New Home In Retail Food Supply
April 01, 2020

Food retailers need to embrace a new term: digital traceability. It describes a new process that shows the importance consumers are placing on the origins of their food in the throes of the current coronavirus pandemic. And it could be one of the killer apps...

Retail
Breakup In Aisle Three: Retail Tech Goes The Distance
April 01, 2020

That same voice calling for a cleanup in the produce aisle may also start telling people to break it up. With social distancing currently a top priority of retailers in the current environment, a supplier of shopper engagement and loss prevention technologies has flipped the...

Retail
Adidas Pays Landlords For April Rent Following Criticism
April 01, 2020

After being criticized for its decision to defer rental payments, Adidas apologized for saying it would halt rent payments for retail locations globally that had to shutter due to COVID-19 lockdowns and that it would pay for April. The German labor minister had deemed the...

Retail
Foxconn Aims To Make Up For Lost Time With iPhone 5G Rollout
April 01, 2020

Even with the disruption caused by the coronavirus crisis, the most crucial manufacturing partner of Apple Inc. has informed investors that it can still have the newest 5G iPhones ready for a rollout in the fall. Hon Hai Precision Industry Co., which is also known...

Retail
Simon & Schuster, Authors Back Online Bookstore Helping Indie Sellers
March 31, 2020

As bookstores remain shuttered nationwide, a 3-month-old online seller is stepping up. 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. By...

Retail
Coronavirus Triggers Furloughs For Over 1K Workers At Simon-Owned Malls
March 31, 2020

As social distancing and stay-at-home orders continue due to the escalating COVID-19 pandemic, Simon Property Group has furloughed about 30 percent of its workforce, or about 1,200 to 1,400 people, according to a report on Tuesday (March 31) in CNBC. Get the Full Story Complete...

Retail
Retail Sales Crater In Hong Kong With Social Distancing, Travel Limitations
March 31, 2020

As retail sales fell with increasing social-distancing policies and travel limitations , companies and retail stores in Hong Kong snapped under the COVID-19 outbreak last month. Retail sales fell 44 percent in the month to $2.93 billion, which marks the biggest drop on record, Bloomberg...

Retail
Signs Of Life In The Online Car Space
March 31, 2020

While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research from automotive digital solutions provider Cars.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited...