The impact of COVID-19 on retailers is obvious as companies report plummeting sales, but the pandemic has also delivered a blow to the middlemen, which include makers of apparel and accessories, The Wall Street Journal reported. Get the Full Story Complete the form to unlock...
To meet a surging demand stemming from digital sales, Chipotle Mexican Grill will hire up to 10,000 new employees over the next several months, the quick-service restaurant (QSR) announced Wednesday (July 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Parents are preparing to shell out a record amount of money this year on back-to-school supplies, with computers topping the list amid signs that neither the pandemic nor online classes will be vanishing anytime soon, a new survey finds. Get the Full Story Complete the...
Calling it an easy step to keep customers safe, Walmart Inc. and Sam’s Club will require shoppers to wear masks starting Monday (July 20), per a company announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With the coronavirus pandemic surging in the United States, Vuse is ramping up its efforts to sell its vaping products online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The apparel and footwear resale market is seeing record-setting growth during the pandemic. Sites like thredUP and Poshmark have experienced a surge in consumer activity. The trend was reinforced this week by a half-year status report from footwear resale marketplace StockX. Get the Full Story...
There were more dire predictions for the mall sector this week, as some states had to revisit their lockdown mandates due to new COVID-19 spikes. But a new eCommerce platform coming out of the Alibaba Group in Southeast Asia is bringing a unique business model...
Best Buy shoppers at the retailer’s U.S. stores will now have to wear a mask as COVID-19 cases are on the rise, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Following a drop in sales amid the COVID-19 health crisis, Burberry is to reduce its workforce by 500 positions globally with the inclusion of 150 jobs in its British head offices. The moves are part of the luxury brand’s plans to reduce costs by £55 million, The Guardian reported....
