For non-essential retail, once again rent is due and revenue is marginal. This time, as the May leases come due, the financial situation is more desperate and landlords are feeling the pinch as the coronavirus pandemic continues. Get the Full Story Complete the form to...
In the absence of clear federal government direction, retailers are taking reopening guidelines into their own hands. The most notable example comes from Kroger, which shared a COVID-19 reopening playbook for all retailers and supply chain contributors on its website on this week. Get the...
As it tries to restart and reshape its business following a lengthy closure, Pret A Manger is reportedly in discussions to bring in a €100m loan from international banks. The quick-service restaurant chain had started a gradual opening of 10 sites located close to NHS hospitals and...
NBCUniversal, owned by Comcast, will allow consumers to buy products from branded TV advertisements, articles and videos without going to a new website, according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Walmart and Nextdoor have joined forces to make it easier for neighbors to help each other during the COVID-19 pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Let them eat cheesecake. Or chicken parmesan. Or better yet, let them make cheesecake or chicken parmesan. 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...
For the past 25 years, parents have known Learning Resources as the company that makes those toy cash registers. And in today’s work-at-home world, parents may know it as one of the companies helping to keep the family sane. But Learning Resources says that above...
As talk turns to reopening retail it’s becoming painfully clear that the business timeline and the consumer timeline don’t match. And that could be devastating news for the retail sector most in need of a grand reopening: malls. Get the Full Story Complete the form...
As its retail locations are closed due to the COVID-19 pandemic, Gap cautioned on Thursday (April 23) that it might not have enough cash to adequately fund its operations. The clothing retailer said it has to take additional steps to come across liquidity over the...
