Retail

Retail
Upscale Retailers Embrace ‘Clienteling’ To Stay Connected
May 08, 2020

New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were still held). Among them: Gigi Hadid, Kendall Jenner, Christy Turlington, Jennifer Lawrence and Julianne Moore. As a result of the...

Retail
Retail’s Abysmal Week: Will Liquidation Sales Follow?
May 08, 2020

It was a tumultuous week for fashion retail and department stores. J.Crew and Neiman Marcus filed for bankruptcy, and we could soon see more big names formalizing what has been an almost foregone financial conclusion as a result of store closings and COVID-19 chaos. Next...

Retail
JCPenney, Sephora To Maintain Partnership For In-Store Experience
May 08, 2020

After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of the department store. The relationship will remain in place and both companies are “focused on delivering [an] exciting beauty experience...

Retail
Kohl’s To Reopen Stores In 10 Additional States
May 08, 2020

After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a phased approach to retail reopening. The company said in an announcement that it will also open further retail locations in...

Retail
Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers
May 08, 2020

Brookfield, which owns stake in numerous malls and related properties, is going to spend $5 billion to try and get the industry back on track after the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters
May 08, 2020

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains. Get the Full Story Complete the form...

Retail
Data: Luxury Goods Sales May Drop 35 Pct This Year
May 07, 2020

Neiman Marcus’s bankruptcy filing on Thursday (May 7) may go unnoticed by many consumers. 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 newsletter, PYMNTS...

Retail
Papa John’s Sales Jump As Mobile Ordering Gains Steam
May 07, 2020

As COVID-19 keeps disrupting everyday life, North America comparable sales at Papa John’s rocketed almost 27 percent last month. CEO Rob Lynch told CNBC in a televised interview that April was the best month in the history of the quick-service restaurant (QSR) chain. Get the Full...

Retail
Does Airbnb Have An Edge When It Comes To Travel’s Recovery?
May 07, 2020

While 2020 has taken its toll on the majority of businesses, few players have been hit harder than those in the travel vertical. Shelter-in-place orders have left consumers at home, with every intention of staying there — possibly for quite some time. Get the Full...