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Today In Retail: Ethan Allen Projects 44.9 Pct Retail Written Orders Growth; Christopher & Banks Files For Chapter 11

PYMNTS

In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”. Plus, a new Toshiba Global Commerce Solutions offering provides retailers with “Amazon Go at scale.”.

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Christopher & Banks Seeks Chapter 11 Bankruptcy

PYMNTS

Women’s clothing retailer Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of New Jersey, according to a Thursday (Jan. Christopher & Banks also said it is talking with possible purchasers for its online shopping platform and related property.

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Retail Pulse: goop Finds Stickiness In New York, Opens ‘Lab’; Nordstrom To Offer Early-Bird Pickup

PYMNTS

Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. In preparation for the holiday season this year, the retailer has updated its website and also plans to have a larger array of electronics, toys and fashion products.

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Should Unstaffed Stores Be Shelved?

PYMNTS

Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. The July Automated Retail Tracker examines the latest cashierless efforts in retail and finds which are experiencing uptake and which may fall flat. grocery spending occurs online, compared to the U.K.’s

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Intercepted: Live League Sports Revenue Drop May Take Years To Recover

PYMNTS

Online Betting, Game Platforms Pick up Sporting Gauntlet. The pandemic has already moved much of the sports action online, following the digital migrations of most other types of live engagement like concerts and casino gaming. DraftKings announced on Wednesday (Sept. DraftKings announced on Wednesday (Sept.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

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New Business Ventures Expected To Drive Amazon Q2 Earnings

PYMNTS

Earnings should reflect strength in the company’s increasing profitability and web services growth, but an increase in spending will lower operating income, according to analysts. Online sales were 64 percent higher than on a normal Monday.

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