Movie-theater giant AMC Entertainment Holdings’ reported deal to avoid bankruptcy is running into a roadblock as some creditors oppose the deal, according to Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The massive surge in online grocery orders in wake of the coronavirus may have permanently altered shopping habits, which, while a boon to consumers, could pose a challenge to the bottom line of retailers, a new report finds. Get the Full Story Complete the form...
The speed and scale of change in the retail sector has been accelerating by the week during the pandemic. Iconic companies that started the year with a decent balance sheet are now defaulting on lease payments and filing for bankruptcy. Innovative companies are pivoting to...
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...
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...
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...
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...
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...
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...
