Retail

Retail
PepsiCo Rolls Out eCommerce Snack Sites
May 11, 2020

To meet heightened demand amid the coronavirus pandemic, PepsiCo Inc. has unveiled the rollout of its Snacks.com and PantryShop.com direct-to-consumer (DTC) websites. The move comes as consumers increasingly turn to eCommerce to meet their food and beverage needs during the health crisis, per an announcement. Get...

Retail
Neiman Marcus Gets Interim Approval For $675M In DIP Loans
May 11, 2020

In a move that reportedly allows for business continuity, Neiman Marcus Group said in a statement that it has received interim court approval for all of its first-day motions regarding its voluntary Chapter 11 proceedings filed on May 7. Get the Full Story Complete the...

Retail
Impossible Foods’ COVID-19 Impacts Mitigated By Drive-Thrus, DTC Sales
May 08, 2020

Impossible Foods’ restaurant business has been impacted by the coronavirus, but Pat Brown, the company’s CEO and founder, said in a televised interview that it has not been affected as negatively as “the industry at large.” He said the result was partly because “a number of...

Retail
Retailers Work To Convince Consumers It’s Safe To Shop In Stores
May 08, 2020

As they navigate the coronavirus pandemic and begin to reopen stores, large retailers are putting safety measures into place to keep shoppers and staff members safe — and get customers confidently back into stores. Get the Full Story Complete the form to unlock this article...

Retail
NFL Unveils 2020 Schedule But Questions Persist
May 08, 2020

Are you ready for some football? 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 completing this form, you agree to...

Retail
Saving Main Street: Advocacy Groups Propose New Government Relief Programs
May 08, 2020

The crisis is hardly over, but post-pandemic reality is setting in for Main Street retail. Government program subsidies and loans have been snapped up by larger companies and mid-sized chains, and banks have capped their exposure to loan programs. The prevailing sentiment, as the crisis...

Retail
Upscale Retailers Embrace ‘Clienteling’ To Stay Connected
May 08, 2020

New York City fashion boutique Nili Lotan has a client list that reads like the front row at Fashion Week (back when such events were still held). Among them: Gigi Hadid, Kendall Jenner, Christy Turlington, Jennifer Lawrence and Julianne Moore. As a result of the...

Retail
Retail’s Abysmal Week: Will Liquidation Sales Follow?
May 08, 2020

It was a tumultuous week for fashion retail and department stores. J.Crew and Neiman Marcus filed for bankruptcy, and we could soon see more big names formalizing what has been an almost foregone financial conclusion as a result of store closings and COVID-19 chaos. Next...

Retail
JCPenney, Sephora To Maintain Partnership For In-Store Experience
May 08, 2020

After JCPenney sought a court order to keep Sephora in its locations, the companies said they have “reaffirmed” their partnership to run Sephora inside of the department store. The relationship will remain in place and both companies are “focused on delivering [an] exciting beauty experience...