Retail

Retail
Domino’s To Hire 20K Amid Surge In Pizza Demand
August 17, 2020

With pizza sales piping-hot in the pandemic, Domino’s said in a news release that it is “looking to fill more than 20,000 positions” in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Philly Mall Owner Sets The Tone For Digital 3.0
August 17, 2020

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Get the...

Retail
Ahold Delhaize Bolsters Investment In eCommerce
August 17, 2020

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The...

Retail
JD.com Reports 417.4M Annual Active Customers Amid Better-Than-Expected Earnings
August 17, 2020

Amid better-than-expected financial results for its Q2 earnings, JD.com Inc. reported that annual active customer accounts jumped by 29.9 percent to 417.4 million in the year concluding June 30, 2020 from 321.3 million in the year concluding June 30, 2019. Get the Full Story Complete the form...

Retail
Welcome To The Golden Age Of Sweatpants
August 15, 2020

We’ve witnessed a truly breathtaking amount of innovation amid the pandemic, as firms of all descriptions found themselves diving toward digital commerce in an attempt to keep at least some of the economy’s lights on. Digital commerce, expanded local delivery, buy online pick up curbside,...

Retail
Movie Theaters Go Big To Bring Customers Back
August 14, 2020

In case you missed it, PYMNTS reported that in the week of April 20, weekend movie box-office grosses came in at just under $34,000 total. For the entire nation. “That is not a typo,” our coverage reassured readers, while adding the equally bizarre fact that “all...

Retail
Rent The Runway To Shutter Stores, Focus On Digital Shift
August 14, 2020

Capping what has been a tough 2020 so far for clothing consignment and rentals, Rent the Runway announced Friday (Aug. 14) that it is closing its five stores for good to focus on its eCommerce business and add more customer drop boxes to its business...

Retail
Luxury Market Heads For Recovery
August 14, 2020

The luxury goods and apparel business looks to be poised for a comeback, driven in part by the consumer shift to Digital 3.0. The evidence can be seen in a new report from Bank of America and an earnings announcement from luxury apparel marketplace Farfetch....

Retail
Dillard’s Drops For Q2; Report Shows Foot Traffic Falling In Sector
August 14, 2020

The department store segment had mixed news this week, as Dillard’s showed signs of recovery but a new report showed a reversal of some of the positive foot traffic and sales trends that had led to a guardedly optimistic outlook for the sector. Get the...