In alphabetical order, they’re Amazon, Apple, Facebook and Google. They go by a few handles. One is “the companies that testified before Congress a few weeks ago.” The other is “the four horsemen,” as in the apocalypse. At PYMNTS, the outlook is a bit more...
Even without an official date set for Amazon’s Prime Day or Walmart’s Plus launch, the holiday season is starting to take shape. Judging from events that have happened over the past few weeks it’s apparent that Holiday 2020 will be longer, values-driven and more subtle...
To provide further same-day and next-day services to its customers, Lowe’s Companies, Inc. said in an announcement that it intends to open four online shopping fulfillment centers, seven bulk distribution hubs and 50 cross dock delivery terminals over the year and a half to come....
Off-price specialty retailer Stein Mart, Inc. filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida, Jacksonville Division amid a challenging retail climate and the pandemic, the company said in a statement. Get the Full Story Complete the...
Retail has been among the sectors most dramatically impacted by the pandemic, though it’s impossible to paint the industry with a broad brush. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Face masks have become a part of most people’s day-to-day lives as the physical world reopens with some restrictions amid COVID-19. The fact that the masks rapidly became the fashion-statement accessory of summer 2020 should surprise absolutely no one. Over the years, many things have been described as...
Looking at spring 2020 sales figures, people pretty much stopped buying everything from bras to pants, as lockdowns turned ubiquitous video staff meetings into virtual pajama parties. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As many as a quarter of all restaurants will shut their doors in the wake of the coronavirus downturn, Debby Soo, OpenTable’s new CEO, contends in a grim new prediction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Back-to-school sales will set a record this year. The issue is whether it’s a record on the positive or negative side of the ledger, because projections for the first selling season of the pandemic are as far apart as they could possibly be. Get the...
