Retail

Retail
Startup Debuts Thermal Wellness Tech, Right When The World Needs It
April 03, 2020

It’s June 2013. Barack Obama is president. “The Purge” rules the box office. Wuhan is known only as the transportation hub of central China. And a young MIT engineering student named Sam Shames is bored. Get the Full Story Complete the form to unlock this...

Retail
Online Grocery Reaches Critical Juncture
April 03, 2020

Essential retail is starting to show some consistency as the acute phase of the COVID-19 crisis enters its second month. New research from several sources shows that consumers are changing the way they shop for consumer packaged goods (CPG), groceries and dining. In short, consumers...

Retail
Apple Says Retail Locations To Stay Shuttered Up To May
April 03, 2020

Amid the coronavirus pandemic, Apple Inc. told staffers that its American retail locations will stay shuttered and work-from-home processes will remain up to May. The tech firm has approximately 270 U.S. stores that are part of the 458 locations beyond China, Hong Kong and Taiwan...

Retail
Neiman Marcus Prepares For Possible Bankruptcy After Stores Shutter
April 03, 2020

With the COVID-19 pandemic causing it to shutter its stores, Neiman Marcus Group is increasing preparations to ask for bankruptcy protection. The luxury department store retailer reportedly started having private discussions with bondholders regarding potential financing that would assist it with ongoing operations during bankruptcy...

Retail
Federal Retail Funding Options Remain Cloudy
April 02, 2020

As nonessential retail continues to struggle, the federal funding picture remains cloudy. Companies that could apply for loans or relief from the series of provisions in last week’s COVID-19 relief package are awaiting final guidelines, due by the end of this week. In the meantime,...

Retail
Green Goo (That’s Right, Green Goo) Gets Ready To Break Out
April 02, 2020

Full disclosure: This story is about a company called Green Goo. The name should bring a smile to your face – its founders are okay with that – but you should also take Green Goo seriously. This organic healthcare brand is hustling to keep up...

Retail
Colleges Provide Rent Breaks To Small Businesses Amid COVID-19
April 02, 2020

After having their students move back home over the coronavirus pandemic, universities are investing to save the small businesses located close to their campuses. Williams College, Yale University and Colgate University are just some of the schools that are owners of business property and have...

Retail
Lazada Temporarily Halts Grocery Purchases In Singapore
April 02, 2020

Amid an acute rise in orders in a climate of increasing COVID-19 cases and social distancing measures, Lazada Group SA is halting new grocery orders in Singapore for a time. The retailer’s RedMart eCommerce grocery unit will not accept new orders up to April 4,...

Retail
Paytronix Offers Toast Eateries Online Ordering Integration
April 01, 2020

With the widespread closing of restaurants due to the COVID-19 pandemic, the pressure is on for eateries to come up with ways to tough it out through the crisis. Customer engagement firm Paytronix Systems said its online ordering software, using the software-as-a-service model, has what...