Retail

Retail
Amazon Pushes Out Prime Day; Releases Positive SMB Report
July 21, 2020

Amazon made two announcements on Tuesday (July 21) in advance of what is expected to be a blockbuster earnings report next week. The company has officially postponed Prime Day in the U.S. and has announced positive results of its SMB program. Get the Full Story...

Retail
ALDI Plans 70 New Store Openings In Expansion Push
July 21, 2020

As it begins a new period of growth, ALDI intends to open over 70 new retail locations by the conclusion of 2020. The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth...

Retail
Tailored Brands Could Close Up To 500 Retail Locations
July 21, 2020

To bolster its financial status and let it better compete in a difficult retail climate, Tailored Brands plans to make changes that will lead to a reduction of roughly 20 percent of its corporate positions by the conclusion of fiscal Q2. The omnichannel menswear specialty retailer also...

Retail
Retailers Brace For Muted Back-to-School Spending
July 20, 2020

The increasingly likely scenario that many students in the United States, Europe and the United Kingdom will be resuming school at their kitchen tables has retailers that usually cash in every late summer biting their financial nails. Get the Full Story Complete the form to...

Retail
Pandemic-Fueled Meal Kits Surge Likely Have Short Shelf Life
July 20, 2020

COVID-19 has caused many businesses to struggle for survival, but it’s actually turned out to be a boon for others. Consider meal kit company Blue Apron. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Walmart Once Again Seeking Investors For UK Grocer Asda
July 20, 2020

Walmart is looking to take advantage of a booming grocery market to restart efforts to sell a stake in its British supermarket arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Walmart To Spend $3.5B To Update Canadian Stores, Technology
July 20, 2020

Despite the ongoing pandemic, Walmart is ponying up big bucks — $3.5 billion — to revamp stores in Canada and to modernize in-store technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
eBay Plans To Grow Managed Payments
July 20, 2020

eBay plans to start growing the management of its payments throughout the world beginning on Monday (July 20). The digital commerce company started down the path to handling the “end-to-end payments process” in 2018 on its marketplace platform and has reported success with Germany and...

Retail
Persona Marketing Finds Its Place In Pandemic Retailing
July 20, 2020

With more companies trying to catch up to Digital 3.0, the issue of audience identification becomes critical. Pre-pandemic versions of traditional customer segmentation have been set back by changes in the fortunes and preferences of the general population. A better way to go might be...