Retail

Retail
CarParts.com Introduces Shopping Hub For EVs, Hybrids
January 27, 2021

Torrance, California-based CarParts.com, Inc. rolled out a centralized shopping location for the electric vehicle (EV), plug-in hybrid and hybrid community, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Belk Plans Chapter 11 Bankruptcy Filing
January 27, 2021

North Carolina-based apparel retailer Belk has unveiled plans to seek Chapter 11 bankruptcy. The company aspires to exit Chapter 11 bankruptcy by the end of next month, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Walmart Doubles Down On Drive To Roll Out Local Fulfillment Centers
January 27, 2021

Corporate Walmart is sold on the idea of creating a whole new model for expansion. This time around, the company has decided to boost the number of stores that will also serve as local fulfillment centers. Get the Full Story Complete the form to unlock...

Retail
Target, Levi’s Expand Partnership With Exclusive Home Collection
January 27, 2021

Target will be working with Levi Strauss on a new limited edition collection, featuring new home and lifestyle items, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Today In Retail: L’Occitane’s US Division Files For Chapter 11; AutoFi Rolls Out Division For...
January 26, 2021

In today’s top retail news, the U.S. division of L’Occitane has filed for Chapter 11 bankruptcy, while AutoFi is shifting into high gear with the debut of its “lending as a service” division. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that...

Retail
Vaccine Distribution Hits Snags; CVS And Walgreens Caught In Crossfire
January 26, 2021

Developing a functional vaccine for a novel virus in under a year was an incredible challenge to overcome. Distributing that vaccine, as it is turning out, may be harder.  The rollout of the vaccine has already been slower than expected, with fewer doses distributed to...

Retail
FinTech AutoFi Launches Division For Businesses That Offers Financing Services
January 26, 2021

San Francisco’s AutoFi is shifting into high gear with its launch of a “lending as a service” division aimed at business customers. In a press release, the financial technology company (FinTech) said the new business division will offer “a more flexible finance solution for vehicle...

Retail
L’Occitane’s US Unit Enters Bankruptcy As Part Of Lease Negotiations
January 26, 2021

The U.S. division of retailer L’Occitane has filed for Chapter 11 bankruptcy in New Jersey. The company said the move is part of its plan to implement a “store footprint optimization plan, including the contemplated exit of unprofitable locations.” Get the Full Story Complete the...

Retail
From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF
January 25, 2021

The National Retail Federation’s annual convention may have come and gone but the sentiments, strategies and lessons learned from facing nearly a year of pandemic-led changes by some of the world’s largest merchants are going nowhere fast —  especially when it comes to their embrace...