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Today In Retail: L’Occitane’s US Division Files For Chapter 11; AutoFi Rolls Out Division For Corporate Clients

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In today’s top retail news, the U.S. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that the economy will rebound by next year. division has filed for Chapter 11 bankruptcy in New Jersey. From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF.

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Malls Debate Turns To Community Planning

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The death knell for malls tolled loudly in the media during the Fourth of July weekend as retailers continue to assess their long-term prognosis from the pandemic damage. But the focus of developing the mall has fallen to housing as anchor tenants, not retail. on the residential component.

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Albertsons’ Online Sales Surge 276 Pct As Pandemic Reshapes Shopping

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Digital commerce has skyrocketed at Albertsons , as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand for grocery delivery and curbside pickup. The increase in online sales also helped offset declines from the closure of some stores and a drop in fuel sales. “We

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Recreating Retail For The Recovery Period

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Online commerce has soared during the pandemic, prompting retailers of all types and sizes to leverage how they use digital channels to bring back customers while a full return to physical retail remains months away. But the biggest innovations are coming to online retail.

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Toys R Us Sees A Future Online

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billion financing infusion from a group of lenders led by JPMorgan Chase, toy and game retailer Toys R Us is announcing new steps in its post-bankruptcy restructuring. In recent retail news, Chain Store Age reported Monday (Oct. One week after reporting a $3.1

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How Experiential Retail Is Giving Physical Stores An Edge

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As 2020 unfolds, the retail business has been dramatically altered. But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. And retailers that deploy experiential tactics drive repeat purchases at rates nearly twice those who don’t.

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

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Ninety-four percent of consumers believe companies need to do more than just earn profits — they expect them to give back to social causes in their communities and in the world at large. Donating to a variety of charitable causes can expand customer reach for retailer engagement. Charitable donations have also proven to boost sales.

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