Retail

Retail
US Gets Hip To Livestreaming eCommerce
July 09, 2020

From a global perspective, the digital shift has included livestreaming for eCommerce, a trend so hot in China that it had to be regulated. In the U.S. the events have not caught on yet, but that may be about to change. Two new companies have...

Retail
DTC Apparel Brand Eyes New Category
July 09, 2020

Ghost Flower is a DTC wellness and athleisure brand that’s based on stories. Like this one: Susie Peebler was working as a geophysicist for an energy company. She had been active for her whole life, running and playing tennis. Then she suffered a serious back...

Retail
UK Retailers To Reduce Workforces
July 09, 2020

After realizing that shoppers would not likely go back to their old habits following a pandemic that has reshaped retail, two large United Kingdom retailers said they would eliminate over 5,000 positions, Reuters reported. Get the Full Story Complete the form to unlock this article...

Retail
Walgreens Accelerates Digital Investments Amid The Pandemic
July 09, 2020

Walgreens Boots Alliance, Inc.  accelerated its investments in its important strategic priorities during the third quarter to prepare for growth in the future amid the pandemic. The health retailer said the effects of the coronavirus confirmed the roadmap that was already in place for digitalization...

Retail
Bed Bath & Beyond Will Close 200 Stores In Next 2 Years Due To Pandemic
July 09, 2020

Bed Bath & Beyond, in peril over the pandemic, will be closing 200 stores over the next two years as its sales have plummeted 50 percent in the last quarter, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Sur La Table Files For Bankruptcy And May Sell
July 09, 2020

Seattle-based high-end kitchen retailer Sur La Table has filed for bankruptcy in a plan that may lead to its sale to affiliates of Fortress Investment Group, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
AMC Eyes Crucial Debt Deal, Reopening Theaters
July 08, 2020

AMC Entertainment Holdings is still struggling to avoid bankruptcy even as it prepares to reopen many of its movie theaters. 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...

Retail
Walgreens Teams With VillageMD To Offer In-Store Health Clinics
July 08, 2020

Walgreens Boots Alliance is teaming up with Chicago-based VillageMD to make Walgreens “the first national pharmacy chain to offer full-service doctor offices co-located at its stores at a large scale,” according to a Wednesday (July 8) press release. Get the Full Story Complete the form...

Retail
Brooks Brothers Bankruptcy Leads List Of More Fashion Retail Troubles
July 08, 2020

The retail world was rocked by more bankruptcy news on Wednesday (July 8), as Brooks Brothers officially announced its long-rumored bankruptcy and women’s fashion icon Ann Taylor was reported to be preparing for a Chapter 11 filing. Get the Full Story Complete the form to...