Amid lengthened measures to keep COVID-19 from spreading, some of the country’s biggest retail chains have been forced to put workers on a leave of absence. Staffers at companies including Gap, Macy’s and Kohl’s have been notified that they would be laid off for a...
The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it through, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...
High-level market intelligence about the $18 billion expected to be invested over the next three years is a major focus of the March 2020 Automated Retail Tracker™ from PYMNTS, which serves as a bimonthly breakdown of developments in this rapidly growing business sector. Get the Full...
A new feature on restaurant reservation platform OpenTable will allow people to reserve grocery shopping times in the same way they reserve times to eat at a restaurant, according to a report by The Verge. Get the Full Story Complete the form to unlock this...
As recently as a few years ago, it was often difficult to get retailers to think seriously about unattended retail as an expansion or extension of their business. They were still too tied to the original concept of one-off, standalone vending machines for food and beverage...
After closing its stores earlier this month because of the coronavirus pandemic, luxury fashion retailer Neiman Marcus will now have to furlough some of its workers until further notice, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Department store Macy’s will be forced to furlough most of its employees this week as the coronavirus pandemic continues to close hundreds of stores across the U.S., according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock...
There’s $454 billion earmarked for retailers in the vast series of COVID-19 relief legislation passed last week. But none of it will arrive in time for the April rent and lease deadline staring retailers right in the bank account come Wednesday. Get the Full Story...
Amid the COVID-19 situation, Costco is cutting back on its store hours and changing some of its policies. The warehouse club will not accept returns of certain items, and senior shopping hours have been put into place at most locations, Forbes reported. Get the Full...
