With the most recent COVID-19 studies from PYMNTS reinforcing the need for health and safety in the retail world, some retailers are stepping up to accommodate consumers’ concerns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The numbers are in. The latest in the PYMNTS COVID-19 series that quantifies the effects of the pandemic shows not only a deepening digital shift, but an increasingly sticky one. The research shows that 35.7 percent of consumers were shopping for retail goods online as...
Terry Schalow is the executive director of the Running Industry Association (RIA). In addition to working toward its general mission of moving the sport and hobby forward, the RIA functions as a trade and advocacy group for independent running specialty stores, the huge majority of...
With pandemic-related store closures driving a 43 percent year-over-year decline in sales, Gap Inc. reported a 13 percent year-over-year rise in Q1 eCommerce sales and 100 percent year-over-year sales growth in May. The retailer said in an announcement that 55 percent of its North American...
JCPenney has identified the first round of 154 retail location closures, after an assessment of its store footprint and evaluation of “future strategic fit” as well as performance. The retailer said closing sales will commence at 154 stores following a court order entered at a...
May was a devastating month for Great Britain’s auto industry, as sales fell by 90 percent. 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 daily...
Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. Get the Full Story Complete the form to unlock this...
Nevada has rolled the dice, hoping gamblers who have been shut out of casinos for more than two months because of COVID-19 will return. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Fashion’s excess inventory problem is on the way to being alleviated. New moves from Amazon and other companies show that retailers and fashion brands are finding new ways to shed what has become a pandemic problem: stockpiled product for spring with summer already here. Get...
