Retail

Retail is the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Retailers satisfy demand identified through a supply chain.

Source: en.wikipedia.org

Shuttered Stores Slash Prices, But Consumers Aren’t Spending

Shuttered Stores Slash Prices, But Consumers Aren’t Spending
Shuttered Stores Slash Prices, But Consumers Aren’t Spending
April 20, 2020  |  Retail

Black Friday isn’t until Nov. 27, but clothing retailers, including Nordstrom, J.Crew, Macy’s, Neiman Marcus and others, are offering deep discounts to unload tens of...

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Office Depot Refinances Credit Facility, Retires Term Loan
Office Depot Refinances Credit Facility, Retires Term Loan
April 20, 2020  |  Retail

In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired...

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Boston Gym Owner Spins New Model From COVID-19 Crisis
Boston Gym Owner Spins New Model From COVID-19 Crisis
April 20, 2020  |  Retail

Mark Partin has business pedigree with an athlete’s mentality. As the owner of B/SPOKE, one of the Boston area’s leading spinning and workout studios, he’s...

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Retailers Stress Safety Measures In Reopening Plans
Retailers Stress Safety Measures In Reopening Plans
April 20, 2020  |  Retail

As detailed in today’s PYMNTS COVID-19 update, U.S. consumers want to know when they can return to normal shopping, and how they can do it...

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WEF: Digital Will Lead COVID-19 Recovery
WEF: Digital Will Lead COVID-19 Recovery
April 20, 2020  |  Retail

Now that U.S. retailers have shifted their focus to unlocking rather than locking down, it’s worth revisiting the only economy that has been shattered by...

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The Coronavirus’ Impact On Drive-Thrus And Advertising
The Coronavirus’ Impact On Drive-Thrus And Advertising
April 20, 2020  |  Today In Data

The drive-thru has been an important focal point as dine-in seating areas have been shuttered to slow the coronavirus’ spread. Quick-service restaurant (QSR) operators are shifting their...

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Kroger’s Foundation Aims To Raise $10M For Coronavirus Fund
Kroger’s Foundation Aims To Raise $10M For Coronavirus Fund
April 20, 2020  |  Retail

To help families particularly impacted by the novel coronavirus, The Kroger Co. Zero Hunger | Zero Waste Foundation said it has created the Emergency COVID-19 Response...

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When, How And Why Consumers Will Change Post-COVID-19
When, How And Why Consumers Will Change Post-COVID-19
April 20, 2020  |  Coronavirus

For weeks now, American consumers and businesses – everyone everywhere, really – have been desperate for the answers to three questions: Get the Full Story...

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Neiman Marcus Reportedly Working On Bankruptcy Plan
Neiman Marcus Reportedly Working On Bankruptcy Plan
April 19, 2020  |  Retail

The coronavirus has pushed Neiman Marcus to the point of bankruptcy, the first major store in the U.S. to topple due to the pandemic, according...

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