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Florida Retail Reopening Fails To Draw Consumers

PYMNTS

Retail reopening events continued to draw light foot traffic on Monday, as Florida joined Texas in allowing non-essential stores to reopen. Meanwhile the digital shift momentum continues to draw new infrastructure. Essentially merchants are operating in South-east Asia on a number of channels — retail, marketplaces, DTC websites.

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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

Traditional retail locations, ranging from fashion and home furnishings to hardware and department stores, have been forced to make significant changes in the face of heightened competition from eCommerce giants like Amazon and omnichannel powerhouses, like Walmart and its online unit, Jet.com.

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Some SMBs Close Permanently After Being Told To Shut Down A Second Time

PYMNTS

In places that had reopened such as Texas, Florida and California, it could be enough to close them permanently. But the second round of closing could be the death blow of many of the same small operations. The resurgence of the COVID-19 has delivered a crippling blow to many small businesses, The New York Times reported.

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