Retail

Retail
Retail Development Exec Says Malls Can Be Reborn Without Stores 
June 11, 2020

At least one executive is not ready to give up on malls. 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...

Retail
Disneyland Resort Plans For Phased Reopening
June 11, 2020

Amid the coronavirus pandemic, Disney Parks, Experiences and Products has unveiled its intentions for a “phased reopening” of the Disneyland Resort. The company noted that Disneyland Park and Disney California Adventure Park will open again on July 17, while Disney’s Paradise Pier Hotel and Disney’s Grand...

Retail
Installation Network Aims To Remove Assembly Headaches For eCommerce Buyers
June 11, 2020

The pandemic-driven digital shift means that eCommerce buyers will need some help assembling their purchases. A company called Buy It Installed, which launched in 2012, is ready to help the less skilled consumer with the task. The company allows online and offline consumers to purchase...

Retail
Zara And Sam’s Club Lead Dramatic Day For Digital Shift
June 11, 2020

The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less than Sam’s Club, Starbucks and fashion high-flyer Zara have made adjustments to online ordering and purchasing. Get the Full Story...

Retail
Pandemic And Conspiracy Theories Delay 5G At Retail
June 11, 2020

One of the unsung casualties of the pandemic for retailers may be 5G technology and its rollout. Its proponents had Christmas visions of dressing room tech, augmented reality (AR) experiences and even supply chain efficiencies that grow from the increased bandwidth that the technology can...

Retail
Lowe’s Starts Accepting Pandemic Minority Small Business Grant Applications
June 11, 2020

Lowe’s Companies, Inc. opened its inaugural phase of grant applications to offer relief to minority-owned businesses as part of its $25 million commitment announced in the past. The effort comes at a time when small companies work to stay in business and pay their workers...

The Restaurant Group To Slash 125 UK Locations
June 10, 2020

U.K.-based The Restaurant Group, which serves up casual dining, reportedly plans to close 125 locations. That’s a big chunk of its stores, which include the Wagamama and Frankie & Benny’s chains. The latter will take the lion’s share of the hit. Get the Full Story...

Retail
Simon Drops $3.6B Mall Deal, Sues Taubman Centers
June 10, 2020

Simon Property Group (SPG) has abandoned its $3.6 billion purchase of Taubman Centers Inc. and filed suit against the Michigan-based mall owner over an alleged breach of a merger agreement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
BLS: Consumer Price Index Fell In May
June 10, 2020

With the COVID-19 pandemic underway, consumer prices fell last month, led by drops in prices for motor vehicle insurance, energy and apparel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...