Consumers shopping in droves via eCommerce channels is hardly a piece of breaking news — for the better part of a decade, that has been obvious to anyone watching the retail space. Get the Full Story Complete the form to unlock this article and enjoy...
The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. In fact, Wall Street’s leading retail analysts believe deep discount shopping could be one of the...
No chief executive worth his or her salt wants to have the meeting that Shift CEO Toby Russell had last week. The online car selling platform’s March town hall meeting was supposed to be a victory lap to celebrate February, which was the most successful...
There’s not much that won’t be delivered to the home during this COVID-19 crisis. From lattes to lingerie to langoustines, retailers of every vertical and stripe are either starting to deliver to the home or are ramping up their capacity to do so. Get the...
Only a few days into a lockdown to combat the COVID-19 crisis, online shopping firms such as Flipkart and Amazon are encountering disruption in India. District- and state-level limitations are hampering operations, Reuters reported, citing unnamed sources. Get the Full Story Complete the form to...
As shoppers stockpile items over the COVID-19 crisis, U.K. grocer Tesco will let shoppers order up to 80 items through the internet. The cap of 80 had been put into place so shoppers would not be prevented from their typical weekly routine, Reuters reported. Get the Full...
There is one certainty when it comes to investing: Wall Street hates uncertainty. 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 Today. By...
For retailers, especially those deemed non-essential and struggling with revenue, branding may be on the back burner right now. Big mistake, say several branding experts. Who you were before the crisis should inform who you are during the crisis. And who you were was your...
Talk about mixed emotions. Target released an updated financial report Wednesday (March 25) that shows dramatically increased revenue booked since the COVID-19 crisis shut down non-essential stores. It is a look at what the retail industry can expect as other essential retailers report results as...
