The coronavirus has made it likely that this summer will look very different from summers past, and rising sales of outdoor furniture and pool, grill and gardening equipment signify that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
If we’re being truly honest with ourselves, the new rules that will surround restaurants’ dining rooms in the near future don’t sound like much fun. From the temperature scans at the front door for both patrons and staff, to the socially distanced seating that will require...
The on-again, off-again bankruptcy of JCPenney is back on. The company announced late Friday (May 15) that it will file for Chapter 11 and close a still-to-be-determined amount of stores, per a company press release. Get the Full Story Complete the form to unlock this...
For many, fashion has taken a back seat as much of the nation’s workforce is doing their jobs at home – in sweats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The fact that grocery stores are comprehensively winning the race to keep the American consumer fed shouldn’t be too surprising, considering grocery stores are by and large still open for business, and restaurants have been forced by statute in most places to close their doors....
The experts were expecting a weak retail sales report when the numbers hit the wires earlier today (May 15) – but even in an environment of diminished expectations, the number reported by the Census Bureau was a disappointment. Get the Full Story Complete the form to...
Customer loyalty continues to be a recurring theme this week as retailers look to reopen and the latest monthly sales report shows another double-digit plunge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Struggling retailer JCPenney, which is reported close to seeking Chapter 11 bankruptcy protection, disclosed that it’s paid roughly $17 million in interest on a senior secured term loan credit facility to avoid a default, but that it’s still considering “certain strategic alternatives.” Get the Full Story Complete the form to...
Retail and optimism. Those two terms haven’t been in the same sentence since January, but believe it or not, there were a few places they actually juxtaposed late this week as some retail companies found a reason to be hopeful about the reopening phase of...
