There’s no podcast, textbook or self-help guru that has a playbook on marketing a retail business after a pandemic. But while reopening is the order of the day, re-marketing will be the order of 2020 as retailers try to transcend simple survival and get back...
Amid reaccelerated marketing efforts, Blue Apron saw net revenue rise 8 percent and customers increase 7 percent sequentially from Q4 2019. The meal kit company reported that it has experienced a sizable rise in demand with different stay-at-home orders, restaurant restriction orders and other limitations “subsequent...
To include pandemic escape clauses and further mitigation, certain retail renters are seeking to recast their leases. Many retail leases restrict the occupant from seeking an abatement due to interruption or “force majeure” clauses, but counsel for renters indicate they are pushing to have these...
While the world of commerce has been massively disrupted over the last few weeks, the grocery industry has experienced the biggest roller coaster ride in terms of sales swings and rapidly resetting consumer behavior. According to the most recent data PYMNTS has compiled on the...
As if closing stores, laying off workers and incurring mounting debt amid the coronavirus pandemic wasn’t bad enough, now retailers face another obstacle, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The nation’s biggest mall owner is set to reopen more than four dozen shopping centers next month. 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...
Creativity is the pearl of great price in the COVID-19 era, formed under grit and pressure. Brands are finding new ways to get in front of their customers as standard outlets like news and social media are loaded with misinformation and just plain disturbing news....
Reinventing retail in the wake of COVID-19 may mean reinventing retail formats. As the discussion turns to reopening, non-essential locations — malls included — will need to consider old issues like total footprint and new ones like shopper distancing. Get the Full Story Complete the...
Not many direct-to-consumer (DTC) startups can say they broke into the U.S. market with three billboards in Times Square. But that’s exactly what a Portland, Oregon-based company called DHVANI has done – and it has even taken the gambit one level higher. DHVANI is using...