This weekend marked the first bit of good news U.S. theater operators have had in nearly six months. Cinemas were actually open in some states, there was a new movie to splash up on the silver screen and there were consumers actually willing to take the...
Nordstrom will report earnings Tuesday (Aug. 25), an event that will be notable for the department store category and the mall sector, as one of the fallen icons of U.S. retailing claws its way out of the ditch created by the pandemic. Get the Full...
As luxury brands warm up to the digital shift, many are finding creative ways to stay in front of their customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
When a public company hosts a quarterly earnings call, it’s usually a predictable, even tedious affair. The executives who deliver news of the profit or loss are usually rehearsed and monotone. The analysts who ask the questions usually know what the answers will be, and...
Cars.com found that more than a third of Americans are telecommuting as commuting habits have changed over the pandemic, placing more dependence on personal vehicles. The firm found that 66 percent of workers are saving valuable time on their trips to work, with buses, subways...
As the revival of the economy gained momentum, the number of visits to stores in Britain spiked in the previous week. Information company Springboard indicated that foot traffic increased 4.1 percent during the timeframe of Aug. 16 to Aug. 22 in comparison to the week...
It’s often said that home is where the heart is. But in 2020, it seems that expression could be modified to note that home is just about where everything making up a typical consumer’s life is, as COVID-19 has seriously dimmed most people’s enthusiasm for...
The bad news continues to pile up for the mall sector. With real estate investment trust CBL Properties reportedly preparing to file for bankruptcy earlier this week, now the country’s largest mall is fighting to avoid foreclosure. Get the Full Story Complete the form to...
Ross Stores might want to check out this eCommerce thing. While its competitors were able to post some online revenue as their stores were closed due to the pandemic, the 1,483-store discount chain pitched a virtual shutout for Q2. Get the Full Story Complete the...
