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Google, DTC Retailers Form Advocacy Group

PYMNTS

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. It foresees a short-term evolution of retailing to an all-DTC world. The pandemic forced it on to a digital platform in early Q2.

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Retailers Wary Of Opening As Some States Restart Economies

PYMNTS

Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. The governor of South Carolina let retail stores start operations again this week at one-fifth of usual capacity or five people for each 1,000 square feet. TGI Fridays Inc. ,

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Retail Reopening Hinges On Dangerous Discounts

PYMNTS

retail reopening. Most reports of mall reopenings and other retail post-pandemic debuts in the U.S. Down the street at Altar’d State, during the store’s shutdown, employees posted videos of their clothing marketed to young women. The station also reported that retailers who did see crowds followed strict guidelines.

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Telehealth Service Puts A Retail Spin On Its Business Model

PYMNTS

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. That team of RDs reviewed Purple Carrot meals and verified that they adhere to the dietary guidelines for type 2 diabetes.

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Non-Essential Retail Warms Up For The Post-Crisis Economy

PYMNTS

Wednesday’s Commerce Department retail sales figures showed in no uncertain terms that consumer spending for non-essential goods has taken a huge hit. While many analysts are predicting a complete cratering of non-essential retail for April, the PYMNTS data shows that the category is shifting to digital rapidly. What are they buying?

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Top News in Payments: Amazon Seeks Patent For Hand Recognition; Record Holiday Retail Sales

PYMNTS

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online spending. Mastercard: Holiday eCommerce Nearly 15 Pct Of Retail Sales. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8

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Interview: Gary Johnson on How COVID-19 Can Power the Electric Vehicle Market

Perficient

They had to change the way they operate with new social distancing guidelines. From retail to consumer goods, online and mobile sales are up significantly. No one knew what to make of it. At the same time, dealers were closing their doors temporarily to help reduce the spread.

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