After hitting a skid from the beginning to the middle of the COVID-19 crisis, online fashion sales have caught fire. A sweep of industry anecdotal evidence — reinforced by exclusive data gathered by PYMNTS — shows the past two weeks have seen a dramatic jump...
After the COVID-19 crisis closed its retail locations for a time and changed its turnaround plans, JCPenney is reportedly looking into filing for bankruptcy. The department store retailer has sufficient cash to survive in the months to come, but the company is taking a bankruptcy...
There are battles brewing between landlords and large company tenants that haven’t paid rent during the coronavirus pandemic, including luminary names like Petco, Dick’s Sporting Goods and Victoria’s Secret, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this...
The S&P 500 may be in negative territory this year, but Amazon.com Inc. has been one of the standouts, despite the economic damage done by the coronavirus pandemic. Bloomberg reported that stock in the Seattle-based global eCommerce company has soared by nearly 20 percent since January....
One month after Walmart Inc. set early morning hours once a week for seniors as COVID-19 took a toll on shopping habits, the world’s largest retailer is launching a daily pickup time reserved for the people who are most at-risk for the virus. Get the...
Americans have a complicated relationship with physical fitness, particularly when it comes to getting enough exercise. According to Centers for Disease Control and Prevention (CDC) data, only about 23 percent of American adults are getting the recommended amount of exercise per week, data consistent with measurements by...
COVID-19 could mark the true rise of the robots in retail. As warehouse workers strike for better protective equipment and consumers show increased sensitivity around handling food, several new examples of robots filling in have emerged over the past few weeks. Get the Full Story...
With a surge of consumer demand amid the COVID-19 lockdown, Next reached its daily self-imposed limit for eCommerce activity soon after reopening its online business on Tuesday (April 13). The U.K. clothing retailer’s website had re-launched its site for selected products like small home items...
Perhaps no retail category has been under as much pressure during the past six weeks than grocery. As the COVID-19 crisis hit in early March, stores had to contend with supply chain issues, panic buying and safety issues as a stunned public stocked up on...
