The bad news continues to pile up for the mall sector. With real estate investment trust CBL Properties reportedly preparing to file for bankruptcy earlier this week, now the country’s largest mall is fighting to avoid foreclosure. Get the Full Story Complete the form to...
Ross Stores might want to check out this eCommerce thing. While its competitors were able to post some online revenue as their stores were closed due to the pandemic, the 1,483-store discount chain pitched a virtual shutout for Q2. Get the Full Story Complete the...
Ross Stores and TJX Cos. investors appear to be patient as they await the end to COVID-19 and could potentially see attractive returns after the pandemic, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Foot Locker, Inc. reported that second-quarter comparable-store sales rose 18.6 percent, as the sportswear retailer reported better-than-expected earnings and reinstated its quarterly dividend program, according to a Friday (Aug. 21) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Taco Bell has come up with a new store design to encourage consumers to order their meals ahead of their arrival — making it the latest quick-service restaurant (QSR) chain to rethink its entire operational structure in response to consumers’ surging use of drive-thru lanes...
The grocery wars just got a little hotter, with Target rolling out pickup and drive-up service at 1,500 stores across the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Another piece of pre-pandemic life came back online today, with AMC Entertainment reopening the doors to 100 movie theaters across the country that have sat vacant for months after COVID-19 triggered sweeping lockdown measures. Get the Full Story Complete the form to unlock this article...
Airbnb customers who are planning to hold a large party at one of the online rental platform’s vacation homes are advised to make other arrangements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Delays at the Unites States Postal Service are starting to take their toll on eCommerce deliveries. As Postmaster General Louis DeJoy prepares to testify before the Senate Homeland Security and Governmental Affairs Committee in a virtual hearing on Friday (Aug. 21) and slowdowns persist across...