Mall owners are reporting a slight uptick in retail rent payments as the coronavirus crisis enters its fourth month. Two new earnings reports show that more than half of retailers are paying their rent, with a few exceptions. And in restaurants, it seems that carhops are now making...
School sports uniforms have been brought into the digital age by direct-to-consumer (DTC) companies such as SquadLocker. The company took an innovative business model and strong sales momentum into the start of the year. Now, in the wake of the pandemic, it is waiting for school to restart...
Self-service retail technologies have gained momentum over the last week, as small and medium-sized businesses (SMBs) aim to make a digital shift a consistent part of their business. Instagram, Facebook and Shopify’s social selling technologies have received a positive reception, and Criteo’s self-service Retail Media Platform will allow for...
The lockdown of the United States economy, which was designed to slow the coronavirus’ spread, changed the way consumers browse, shop and pay for purchases. Businesses that didn’t have eCommerce channels could not sell their products, while eateries that lacked online ordering couldn’t serve diners. Small and...
As retailers scramble to capture the digital shift, it’s easy for some overlooked details, such as unanswered customer complaints, to harm their brands. To prevent this, a new category is emerging around the area of online reputation management, with a luxury automaker among the latest brands...
Chinese eCommerce firms last worked together for an online shopping holiday called Singles Day on 11/11. China is now tallying its take from the “May 5th Shopping Festival” after consumer spending dropped over the past few months due to COVID-19. And smarter cities could emerge stronger from the...
A sizable share of small to medium-sized businesses have failed or don’t see a path forward because of the pandemic. But a Philadelphia group is advancing a “Regenerator” concept for SMBs, while Cincinnati already has a similar type of organization called Cintrifuse. And in startups, former Stitch Fix COO Julie Bornstein is behind a...
TJX reported earnings that showed a fast uptick for store opening traffic after having closed all of its retail locations globally in March, without an eCommerce shopping capability. And cosmetics is gaining online momentum as the pandemic drives cross-currents in the retail category. All this, Today in Data. Get the Full...
All eyes have been on the reopening of malls this week and shoppers’ reactions. Mall traffic at eight reopened shopping centers reached record lows, but Wall Street seems to think malls will make it. And Walmart’s first-quarter earnings results captured consumers’ rush to digital, with skyrocketing online sales during the...
