Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Necessity, it is often said, is the mother of invention — and these days, it is an aphorism that restaurateurs are seeing up close and personal, as they’ve been forced to reset their business models nearly overnight in response to an epidemic that has shut...
Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending...
In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. Last week, The Toy Association, which produces the mega-sized New York Toy Fair, announced plans for “Toy Fair...
At some point after the COVID-19 crisis passes, retailers will need to reckon with artificial intelligence (AI). It may seem like an advanced data application is a galaxy away from current concerns about survival. But if data is the new oil for retail competition, AI...
Amid social distancing and stay-at-home orders meant to decelerate the spread of the coronavirus, many restaurants have been forced to shutter, while it has put others in a position where they are just getting by. To help mitigate losses, some U.S. restaurants are tapping into grocery...
The shopping habits of U.S. consumers are providing a reflection on how the COVID-19 pandemic keeps changing and impacting everyday life. Hair coloring products and hair clippers are now in high demand after toilet paper, disinfectants, and hand sanitizer were popular in the first phase...
There’s a silver lining for at least one retailer amid the coronavirus pandemic. A new survey found that Walmart Inc., the nation’s largest retail store chain, saw its year-over-year online grocery sales explode last month to reach nearly $900 million, nearly twice the amount seen...
In an effort to provide independent truck drivers and small fleets with discounts and access to a service network, The Goodyear Tire & Rubber Company will now provide carriers that belong to Convoy’s Digital Freight Network with access to its Commercial Total Solution. This is the...
