Amazon has been encouraging customer service employees to work from home to help save money on real estate, Bloomberg wrote. Get the Full Story Complete...
Shortly after Macy’s warned investors Thursday (May 21) of a probable $1 billion first-quarter operating loss, Jeff Gennette, the iconic store’s chief executive officer, spoke...
In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to...
The retail reopenings underway hit a few roadblocks on Wednesday (May 6), as Nordstrom’s, L Brands and Lord & Taylor all checked in with bad...
Long before the coronavirus struck, brick-and-mortar stores faced extinction by a combination of eCommerce and bankruptcies. Get the Full Story Complete the form to unlock...
The supply chain has withstood its crisis stress test, as seen in the maintenance of inventory by Overstock.com, most supermarket products and the resumption of...
Long live physical retail. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Financial institutions have been abandoning American smaller towns in striking numbers over the past decade, presenting a significant economic challenge in the communities they serve,...
So far this year, 7,062 retail stores have closed, and that number could reach as high as 12,000, which would be an all-time record, according...