Retail

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  • Will Movie Theaters Make It?

    Friday 14th August - 3:35 pm Will Movie Theaters Make It?In case you missed it, PYMNTS reported that in the week of April 20, weekend movie box-office grosses came in at just under $34,000 total. For the entire nation. “That is ...
  • Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic

    Friday 14th August - 3:35 pm Jumia Encounters New eCommerce Rivals In Africa Amid PandemicAs the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa. Sacha Poignonnec, ...
  • Rent The Runway Will Shutter Stores, Focus On Digital Shift

    Friday 14th August - 2:23 pm women's clothing on hangersCapping what has been a tough 2020 so far for clothing consignment and rentals, Rent the Runway announced Friday (Aug. 14) that it is closing its five stores for good ...
  • China’s Retail Sales Of Consumer Goods Drop 1.1 Pct YOY

    Friday 14th August - 2:05 pm China's Retail Sales Of Consumer Goods Drops 1.1 Pct YoYJuly retail sales of consumer goods dropped 1.1 percent year on year to arrive at 3,220.3 billion yuan, the National Bureau of Statistics of China reported on Friday (Aug. 14) ...
  • Walmart’s Flipkart Adds Alcohol Delivery In Two Indian States

    Friday 14th August - 12:16 pm Flipkart Adds Alcohol Delivery In Indian StatesFlipkart, Walmart’s eCommerce website in India, has partnered with one of the country’s largest alcohol companies to deliver liquor in two Indian states, Reuters reported. The governments of West Bengal and ...
  • Luxury Market Heads For Recovery

    Friday 14th August - 11:00 am Luxury Market Heads For RecoveryThe luxury goods and apparel business looks to be poised for a comeback, driven in part by the consumer shift to Digital 3.0. The evidence can be seen in a ...
  • Advancing Retail And Education With Digital Technology 

    Friday 14th August - 11:00 am Advancing Retail And Education With Digital TechThe use of digital direct-to-consumer (D2C) channels to buy consumer-packaged goods (CPG) has grown since the pandemic began, as consumers may be more willing to go the extra mile to find their ...
  • Whole Paycheck Tracker: New Blows Against The Amazon Empire

    Friday 14th August - 11:00 am Whole Paycheck: New Blows Against Amazon EmpireSuccess breeds imitators, especially when the U.S. consumer’s whole paycheck is at stake. This week saw two major shots across the bow in the battle for said paycheck. One: Walmart ...
  • Dillard’s Drops For Q2; Report Shows Foot Traffic Falling In Sector

    Friday 14th August - 11:00 am Dillard's storeThe department store segment had mixed news this week, as Dillard’s showed signs of recovery but a new report showed a reversal of some of the positive foot traffic and ...
  • Brookfield Asset Management Raises A Record $23B

    Friday 14th August - 10:39 am Brookfield Asset Management Notches $23BAlternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake of the pandemic’s disruption. The Canadian ...
  • July Retail Sales Rise 1.2 Pct From June

    Friday 14th August - 10:07 am July Retail Sales Rise 1.2 Pct From JuneThe U.S. Census Bureau reported estimated advanced U.S. retail and food services sales for July of $536 billion, marking a rise of 1.2 percent (± 0.5 percent) from June and ...
  • EMV 3DS: Closing The Card Present/Card-Not-Present Auth Rate Gap

    Friday 14th August - 4:02 am Selling an EMV 3DS (also referred to as 3DS 2.0) product to merchants hasn’t always been smooth sailing. When PAAY, a software-as-a-service  company that protects merchants from fraud and increases ...
  • Brinker CEO Sees Permanent Shifts In QSRs, Fast-Casual

    Thursday 13th August - 6:17 pm Brinker CEO Sees Shifts In QSRs, Fast-CasualSaying “I don’t think we’ll ever go back to the mix we ran prior,” Brinker International CEO Wyman Roberts this week indicated his belief that the months-long season of mobile order-ahead (MOA) dining in 2020 may ...
  • Move Over, FedEx: Amazon Vaults Ahead In Delivery Race

    Thursday 13th August - 3:05 pm Amazon Vaults Ahead In Delivery RaceAmazon’s epic push to deliver its own packages and cut out third parties like FedEx is picking up speed during the pandemic, with a dramatic year-over-year gain in July. As of ...
  • A Look Inside Kroger’s New Digital Marketplace Digs

    Thursday 13th August - 2:02 pm Digital Journeys Paying Off For GrocersAmazon, Target and Walmart get most of the attention for their eCommerce efforts, but grocery giant Kroger has been quietly implementing a three-year-long digital transformation of its own.  Kroger’s latest maneuver is the ...