The U.K. retail recovery continues, but at a snail’s pace. According to the British Retail Consortium, U.K. foot traffic decreased by 42.1 percent in July over 2019 levels, an improvement from June’s 62.6 percent and below the three-month average decline of 61.6 percent. The trade...
Grocery chain Kroger is rolling out a new contactless pay solution at its Quality Food Centers (QFC) locations, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Millions of Americans regularly trade a more involved supermarket excursion for the grab-and-go handiness around which convenience stores are designed. Did these savvy operators imagine that the tech disintermediation scene hadn’t noticed them? Well, they did. Get the Full Story Complete the form to unlock...
Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As its stores shuttered to prevent the spread of COVID-19 earlier this year, the Canadian Tire Corp. Ltd. posted worse than expected second-quarter (Q2) losses on Thursday (Aug. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Adidas AG, the global sneaker maker, revealed losses of nearly $400 million in the second quarter (Q2) amid store closures to prevent the spread of the coronavirus. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As vice president of product at Roku, Mark Ely works with connections. He’s the executive in charge of making sure that the Amazons and Best Buys of the world are fully stocked with the company’s streaming devices, home audio equipment and accessories. But part of...
Walmart unveiled the details for its Walmart Drive-in today (Aug. 5), an outdoor movie theater experience that will entertain Walmart customers with a wide variety of films, from nostalgic favorites like “The Goonies” and “Back to the Future” to recent hits like “Black Panther.” Get...
By most measures, 2020 has been less than magical for The Walt Disney Company. 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...