Retail

Retail
AI Takes The Measure Of Fashion Retailing
July 31, 2020

Iconic Vogue magazine editor Diana Vreeland once said, “Fashion is part of the daily air and it changes all the time.” Artificial intelligence (AI) is now one of the tools at the retailer’s disposal to keep pace with those changes. Get the Full Story Complete...

Retail
Neiman Marcus Nears End Of Bankruptcy
July 31, 2020

Neiman Marcus could exit Chapter 11 in time for holiday shopping. 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 completing...

Retail
Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena
July 31, 2020

Authentic Brands Group (ABG), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group, the recently bankrupt parent firm of Ann Taylor, Footwear News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
With 2Q Sales Down 19 Pct YOY, L’Oreal Plans New Product Launches
July 30, 2020

Beauty powerhouse L’Oréal is planning to launch an array of new products and advertisements to compete in a market that has been reshaped by COVID-19, Chairman and Chief Executive Jean-Paul Agon told the Financial Times. Get the Full Story Complete the form to unlock this article...

Retail
Instacart Plans To Lay Off Some Of Its Shoppers
July 30, 2020

Select part-time Instacart workers who are in-store shoppers are having their positions cut due to at least two of the company’s partners — Sprouts and ALDI — choosing to have their own staffers take the place of Instacart’s in-store shoppers as needed, CNN reported. Get...

Retail
World’s Largest Brewer Says Beer Is Flowing Again Post-COVID
July 30, 2020

In what may be the strongest sign yet that COVID-19 has not wrought the end of Western Civilization, the brewer of Budweiser, Corona and Stella Artois said on Thursday (July 30) that sales were up in June 2020 compared to June 2019. Get the Full...

Retail
Impossible Burger Makes Its Way To Walmart
July 30, 2020

The Impossible Burger vegetable-based meat alternative landed in the grocery sections of Walmart stores on Thursday (July 30). 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...

Retail
Walmart Reduces Corporate Workforce With Layoffs
July 30, 2020

Walmart has reduced its workforce by laying off hundreds in its logistics, real estate and retail location planning divisions as it simplifies its business and reduces its expenses, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
COVID Pushes California Pizza Kitchen Into Bankruptcy
July 30, 2020

California Pizza Kitchen (CPK) is the latest big restaurant chain to fall on hard times in the wake of the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...