More consumers are reportedly tapping into eCommerce to buy groceries, as well as other products, following a panic-buying in Singapore in February as the coronavirus outbreak took hold. RedMart, the grocery division of Alibaba’s Lazada, said it is “currently seeing unprecedented demand” in Singapore, CNBC...
In the event that the Coronavirus gets worse in the United States, 58 percent of consumers say they will probably steer clear of entertainment venues and shopping centers, per a survey from Coresight Research. Approximately 27.5 percent of respondents said they were already starting to...
Zalando, Europe’s largest online fashion retailer, is making an ambitious foray into the €38bn luxury clothing market. The company plans to double its eCommerce offerings from premium makers like Moschino and Alberta Ferreti within three years, according to a report in Financial Times. Get the...
The American Dream megamall in New Jersey is preparing to open a round of retail stores after nearly two decades in waiting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The restaurant business is: a) healthy for 2020 or b) apprehensive about technology. 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....
Walmart, in a bid to stem eCommerce losses and compete more directly with Amazon, is working on a new endeavor called Walmart+ to compete with Prime, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...
When its website went down for a few hours on Black Friday 2018, it was an online disappointment for home improvement titan Lowe’s. It was also a sign that improvements were forthcoming. CEO Marvin Ellison had taken the reins months earlier, and was refreshingly outspoken...
Resale marketplace Poshmark has passed the 100 million order milestone, the company announced with the release of its second social commerce report, “2020: The Year of Social Shopping.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Another coffee subscription is now available to keep consumers safely caffeinated on demand. Coming soon to a Panera Bread location near you is a bottomless cup of coffee (or tea) – all day, every day. It will cost $8.99 per month to subscribe to the service,...
