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Lord & Taylor Joins Retail Bankruptcy Watch

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The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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US eCommerce Up 49 Pct; Curbside Pickup Soars 208 Pct Since April 1

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Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. Last week, Texas Gov.

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Battle For Pet Retail Dominance Gains Fresh Fuel

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Walmart is the latest example of the power of pets in retail — a power that is having significant influence among various merchants competing for the loyalty and dollars of pet owners. As well, if done well, pet retail can serve to increase foot traffic into bricks-and-mortar stores at a time when it is dearly needed.

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Retail Pulse: rue21 Taps Into BOPIS With Mastek; Kohl’s Teams With Planet Fitness

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Retailers are bringing omnichannel experiences to consumers by bridging the worlds of online and brick-and-mortar commerce through offerings such as buy-online-pickup-in-store (BOPIS). Following that trend, Fast fashion apparel retailer rue21 recently announced it plans to bring the offering to more than 700 stores.

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How Auto Sales Are Driving New Retail Trends

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For instance, online marketplace and auction site eBay has released eBay Motors , a new app that uses artificial intelligence (AI) to list a car in under five minutes, according to a report by The Verge. The ways people search for and purchase a vehicle continue to change,” said Tom Lazenby, auto lending manager for Regions Bank.

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PICKUP Teams With Postmates For Quicker Last-Mile Deliveries

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No other platform features the PICKUP Good Guys, a curated network of vetted independent contractors delivering big and heavy goods, enabling PICKUP to provide retailers greater value across their assortment than any other solution on the market today,” she said. Postmates was launched in 2011 and is based in Silicon Valley. billion.

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GameStop's Top Investor Sees Epic Battle With Amazon

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The biggest investor in Dallas-based GameStop has reportedly set his sights on a lofty goal — having the video-game retailer take on the Goliath of eCommerce, Amazon , in an epic battle. In 2017, PetSmart bought the online pet store for nearly $3.4 In 2011, Cohen started Chewy.com and went on to serve as CEO.

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