With a surge of consumer demand amid the COVID-19 lockdown, Next reached its daily self-imposed limit for eCommerce activity soon after reopening its online business on Tuesday (April 13). The U.K. clothing retailer’s website had re-launched its site for selected products like small home items...
Perhaps no retail category has been under as much pressure during the past six weeks than grocery. As the COVID-19 crisis hit in early March, stores had to contend with supply chain issues, panic buying and safety issues as a stunned public stocked up on...
In a world after the coronavirus, consumers will have return to work before they go back to the mall per the owner of New York City’s Hudson Yards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Necessity, it is often said, is the mother of invention — and these days, it is an aphorism that restaurateurs are seeing up close and personal, as they’ve been forced to reset their business models nearly overnight in response to an epidemic that has shut...
Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending...
In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. Last week, The Toy Association, which produces the mega-sized New York Toy Fair, announced plans for “Toy Fair...
At some point after the COVID-19 crisis passes, retailers will need to reckon with artificial intelligence (AI). It may seem like an advanced data application is a galaxy away from current concerns about survival. But if data is the new oil for retail competition, AI...
Amid social distancing and stay-at-home orders meant to decelerate the spread of the coronavirus, many restaurants have been forced to shutter, while it has put others in a position where they are just getting by. To help mitigate losses, some U.S. restaurants are tapping into grocery...
