Retail

Retail
Walmart To Reward Workers With $550M In Bonuses Amid Coronavirus
March 20, 2020

To honor staffers who are maintaining stocks of supplies on shelves as shoppers visit locations in droves, Walmart said it would pay almost $550 million in bonuses to hourly workers. The retailer has experienced an increase in sales as consumers stock up on toilet paper,...

Retail
How One Startup Aims To Become The Blue Apron Of Baby Food
March 19, 2020

Square Baby has an innovative business model, but according to CEO Katie Thomson, it’s all about the ingredients. When the company announced its new line of allergen-introduction products last week, the standard pithy executive quotes were absent. What replaced them was a detailed list of...

Retail
Texas Lets Eateries Deliver Alcohol With Food Orders
March 19, 2020

To help address financial challenges brought about by the coronavirus, Texas Governor Greg Abbott put into place a waiver that lets restaurants deliver alcohol with food orders, ABC 13 reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Airbnb Hosts Feel COVID-19 Impact With Policy Change
March 19, 2020

After a change by Airbnb that lets visitors who had planned to travel during the next month get complete refunds on their reservations, homesharing hosts are being impacted by the COVID-19 pandemic. The move had been put into practice over rules that had been implemented by hosts...

Retail
The Habit Restaurants Now Owned By Yum! Brands
March 19, 2020

The Habit Restaurants is now owned by Yum! Brands, which also claims Taco Bell, Pizza Hut, Kentucky Fried Chicken and other luminaries of American fast food under its belt, according to a release. Get the Full Story Complete the form to unlock this article and...

Retail
COVID Retail Update: Mall Group Asks For Bailout
March 18, 2020

For most retailers, this virus thing is starting to hurt. In fact, the current situation now has a nickname, courtesy of analysts at Jefferies: Closeageddon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Retail Tech May Lead A Resurgence … Someday
March 18, 2020

Believe it or not, there will be a time when the phrase “retail resurgence” replaces “store closings.” And research from Nielsen says it may come from retail technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Trust Becomes Valuable Commodity For Retailers
March 18, 2020

In normal times consumers look for three things from a retailer: price, product and location. Although there’s no survey to prove it yet, a new factor has likely risen to No. 1 amid the coronavirus crisis: trust. In fact, a pre-crisis PwC report showed that...

Retail
Apple Announces ‘Most Advanced’ iPad Pro
March 18, 2020

With a device that is reportedly quicker and more powerful than most PC notebooks, Apple has unveiled its “most advanced” iPad Pro. The tech company said in an announcement that the tablet, which is available for purchase beginning today on its website, comes with studio-quality...