Retail

Retail
Retail Foot Traffic Dips As COVID Cases Rise
July 06, 2020

In the past two weeks, shopping levels have fallen again as coronavirus cases surge in the United States, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
New York Puts Indoor Dining On Hold
July 06, 2020

New York City restaurant patrons who were hoping to dine in on Monday (July 6) as the city enters the next phase of its reopening will have to wait. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Discover Serves Up $5M To Bolster Black-Owned Restaurants
July 06, 2020

Discover Financial Services has launched a $5 million program targeting Black-owned restaurants. The move comes against the backdrop of the COVID-19 economic crisis and the Black Lives Matter protests that have swept the country. Get the Full Story Complete the form to unlock this article...

Retail
The Importance Of Embracing Retail’s Gig Economy
July 06, 2020

When the digital economy started to reduce jobs in some areas and create them in others, a more robust “gig economy” developed. All of a sudden, it seemed, being a free agent was cool. Side hustles were in. Uber drivers were freelance writers. Freelance writers...

Retail
Malls Debate Turns To Community Planning
July 06, 2020

The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. More bankruptcies both announced (Lucky Brand) and rumored continue to shake the format. Get the Full Story...

Retail
Sally Beauty Holdings Sees 278 Pct In Q3 Digital Growth
July 06, 2020

Amid its ongoing digital commerce transformation, Sally Beauty Holdings Inc. reported third-quarter digital growth of 278 percent over the prior year. The beauty retailer also reported 555 percent digital growth in Sally U.S. & Canada (part of SBS) and 163 percent growth in Sally Europe...

Retail
Lucky Brand Starts Chapter 11 Proceedings, Seeks Sale
July 06, 2020

Lucky Brand has started proceedings under Chapter 11 to help pave the way for a sale and decrease its debt load brought about by recent difficulties with the inclusion of the pandemic. The retailer said it has received new financing commitments that will offer enough...

Retail
What Q1 And Q2 Is Telling Us About The Rest Of 2020
July 06, 2020

Only halfway in, 2020 feels,  of course, like a decade’s been packed into six months. 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,...

Retail
US Treasury Tells Banks To Treat Hemp Businesses Like Any Other
July 05, 2020

The nation’s marijuana regulator has told financial institutions to treat the $500 million hemp businesses the same way they would any other businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...