Mid-priced casual retail chain The Buckle, Inc. posted an 18 percent increase in same-store sales Friday (March 12), led by an 81.5 percent increase in its online business that accounted for about one-fifth of the total, according to an announcement. Get the Full Story Complete the...
As grocery worker advocates are demanding “hero pay” across the United States, some areas are heeding the call. Parts of California, most recently Santa Monica and San Francisco, but also Coachella and all of Los Angeles, have implemented ordinances requiring an additional $4-5 per hour...
The era of “tCommerce” is upon us, if Amazon is to be believed. Amazon Studios Chief Operating Officer Albert Cheng said that after a long period of development, it seems consumers are ready to try out tCommerce, which is the buying of goods directly from...
In today’s top retail news, Revlon, Inc. reported that its net sales dropped by 10.4 percent in the fourth quarter of 2020, while Kohl’s has unveiled its FLX private-label brand. Plus, the head of AMC Entertainment said he is “optimistic and confident” about his firm’s...
The head of the country’s largest movie theater chain, AMC Entertainment, said he is optimistic about the rapid rebound of the film industry and is confident that his beleaguered company will survive the worst storm in its 100-year history. Get the Full Story Complete the...
Surging online shopping during the pandemic saw Amazon’s share of retail sales spike higher last year and come within striking distance of overtaking Walmart, new data analysis from PYMNTS shows. The online giant’s 9.2 percent portion of overall retail spending now nearly matches the chain...
Kohl’s has unveiled its FLX private-label athleisure brand, which is available in over 300 brick-and-mortar locations and online. The retailer describes FLX as a brand for women and men that showcases “size-inclusive, stylish active and casual separates made with high-quality performance fabrics and functional details,”...
Revlon, Inc. reported as part of its financial results that as reported net sales dropped 10.4 percent in the fourth quarter of 2020 from the prior-year period, according to a Thursday (March 11) announcement. Get the Full Story Complete the form to unlock this article...
It has been an enormously difficult year for restaurants, with mass layoffs and closures as lockdowns and economic downturns placed serious burdens on Main Street businesses. Aid has come in, where possible, from the traditional channels — small business loans and grants — but for...
