Retail

Retail
Tailored Brands Might Seek Bankruptcy Due To Pandemic
June 15, 2020

Men’s Wearhouse owner Tailored Brands might be the next significant retail company in the United States to make a bankruptcy filing as the COVID-19 crisis unfolds. Tailored — also the owner of K&G and Jos. A. Bank — included the potential for bankruptcy, or even...

Retail
Webrooming Returns For An Encore
June 15, 2020

Webrooming, before the pandemic, was a full-on retailing trend. But as the pandemic-driven digital shift gains traction, retailers have to be wondering if consumers will use websites to comparison shop for brick-and-mortar retail (webrooming) or whether they’ll go back to shopping retail to order online...

Retail
Preparing For The Second Wave Of The Digital Shift
June 15, 2020

There are now not one, but two digital shifts occurring as the COVID-19 pandemic continues to disrupt consumer shopping habits. The first is the consumer-driven digital shift that has been well-documented, especially with brick-and-mortar powerhouses like Walmart clocking an eCommerce surge of 74 percent. The...

Retail
Shift To Digital 3.0 Produces Record Sales Spike
June 15, 2020

It’s Christmas in June for eCommerce retail as the shift to Digital 3.0 continues to gain traction. The latest evidence for that shift comes from Adobe, whose Digital Economy Index for May shows holiday season spending levels taking hold with an emphasis on mobile commerce....

Retail
Ohio Firms Team To Put PPE Into Vending Machines
June 15, 2020

To make personal protective equipment (PPE) available via vending machines, PPE and medical safety product distributor CLEANLIFE and vending industry supplier D&S Vending are joining forces. Vending operators will be able to buy six PPE kits at first to sell via their snack machines that...

Retail
Walmart Teams With Shopify To Grow eCommerce Marketplace
June 15, 2020

Retail giant Walmart is collaborating with Shopify Inc., the eCommerce mega platform, to expand its third-party marketplace for a bigger share of the COVID-19 online shopping surge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Retail
PayPal: The Pandemic’s Digital Shift And Retail’s ‘Super Bowl’
June 15, 2020

The pandemic didn’t create the great shift to digital spending that has been observed over the last 12 weeks, despite the fact that it is often awarded much of the credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Will Consumers Be Ready To Set Sail With The Cruise Industry Anytime Soon?
June 12, 2020

While few industries haven’t been hit hard in some way by the global pandemic and the economic slowdown it has carried in its wake, the cruise industry has seen its fortunes uniquely sunk by COVID-19’s effects on the travel industry. Cruise ships had the unfortunate...

British Airways Eyes Art Sale Amid Cash Crisis
June 12, 2020

British Airways is preparing to jettison its multimillion-dollar art collection as it scrambles to stay aloft amid ongoing coronavirus restrictions and a sharp economic downturn, according to a London newspaper. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...