Retail

Retail
Brooks Brothers Seeks Court Approval For $305M Stalking Horse Bid
July 24, 2020

Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). SPARC has also committed to acquiring a minimum of 125 Brooks Brothers stores, according to a Thursday (July...

Retail
UK Retail Spending Back To Near Pre-Lockdown Levels
July 24, 2020

Britain’s stores have become the envy of the retail world. 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 this...

Retail
Tapping The Power of Personalization To Build Retail’s Next Normal
July 24, 2020

Well, now what? 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 this form, you agree to receive marketing communications...

Retail
Indochino CEO: The Three Things Retailers Must Do To Survive 2020’s Big Digital Shift
July 24, 2020

When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
AMC Pushes Back Theater Reopenings Again
July 23, 2020

For consumers who usually patronize the biggest operators of theaters in the U.S., going to the movies will mean settling into the couch for the next few weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Digital Initiatives Help QSRs Survive A Q2 Earnings Famine
July 23, 2020

A quick look at some recent earnings reports illustrates how digital innovation is softening the COVID-19 blow for quick-service restaurants (QSRs), fast-casual eateries and fast-food chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
The Thread Shop Rolls Out Jimi Hendrix Online Merchandise Store
July 23, 2020

To offer the merchandise and music of a music legend in a single destination, The Thread Shop has rolled out an eCommerce Jimi Hendrix store in collaboration with Experience Hendrix L.L.C and Authentic Hendrix LLC. The rollout comes as a result of a deal inked between the firms...

Retail
Ann Taylor And Lane Bryant Parent Ascena Files Chapter 11 Bankruptcy
July 23, 2020

Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term...

Retail
Retailers Shift Gears – And Digital – For Holiday 2020
July 22, 2020

Saying that “we know holiday shopping will be different this year, and we will be managing sales events differently,” Walmart this week announced that its stores will close for Thanksgiving in 2020 – a decision that would have bordered on sacrilegious at any other time....