Retail

Retail
Virtual Shopping Finds Its Moment
July 03, 2020

Virtual shopping is having a pandemic-driven moment. Several retail brands as well as designers have taken this twist on personal shopping to a new application. For example, Tanger Outlets last week announced the launch of a virtual shopping concierge service that takes shoppers to its outlets...

Retail
The Six Retail CEOs Who Could Set Off Fireworks This Year
July 03, 2020

Retail CEOs faced a parade of problems in 2020’s first six months, but some executives look ready to set off plenty of fireworks in the year’s back half.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Purple Carrot Single-Serve Meals Come To Whole Foods Market
July 02, 2020

To provide single-serve frozen products in retail stores, Purple Carrot has rolled out its completely plant-based meals at most Whole Food Market locations throughout the nation in the frozen food section. The brand said it developed the meals with the same dietary ideas and flavor profiles...

Retail
Macy’s Considers Options For Black Friday Amid Pandemic
July 02, 2020

As it starts to consider the holiday season in the age of social distancing, Macy’s Chairman and CEO Jeff Gennette noted on a recent call with analysts that the retailer is mulling all of its available options for Black Friday. Get the Full Story Complete the form to...

Retail
Discount Retailer Primark Predicts Substantial Loss
July 02, 2020

Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times 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
Corona Beer Parent Company Tops Off DTC Trend
July 02, 2020

The direct-to-consumer (DTC) trend attracted another big name this week, as Corona beer’s parent company, Constellation Brands, acquired media agency owner Gary Vaynerchuk’s Empathy Wines. The move follows the announcement in mid-June that The Macallan Scotch Whisky would also begin selling DTC, which has accelerated...

Retail
Pandemic Brings Dark Days For Department Stores
July 02, 2020

If department stores survive this pandemic, July 1, 2020 will almost certainly mark the point where the format reached one of its darkest days. On both sides of the Atlantic, the news was nothing short of devastating for icons like the U.K.’s John Lewis –...

Retail
Walmart To Transform Parking Lots Into Drive-In Cinemas, Offer Virtual Camp
July 02, 2020

To provide entertainment to families amid the coronavirus pandemic, Walmart unveiled a virtual experience and an in-person “contact-free” experience. The events include a virtual camp called Camp by Walmart and a drive-in movie theater experience in conjunction with Tribeca Enterprises that will change the retailer’s...

Retail
Apple To Shutter 30 More US Stores Again Amid Pandemic
July 02, 2020

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States,...