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Retail ?Armageddon? Predictions Spur Alternative Scenarios

PYMNTS

As retail reopens and starts to spur some optimism for the future, a dark number appeared on the scene on Tuesday (June 10). Coresight released a report that says 25,000 retail storefronts will close by the end of the year. consumers have gone online to shop since the pandemic started. PYMNTS research shows that 42.2

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National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

PYMNTS

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? That roster includes Washington State, New Jersey, Chicago and New York City. percent and 37.6

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Target To Open New Location In Times Square 

PYMNTS

Target has announced that it is going to open a new location in Times Square in New York City by 2022, according to a report by CNBC. Target has been ramping up its presence in New York lately, and according to CEO Brian Cornell, the strategy has been working. Target has done a few things to help with this.

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Trust And Speed Light A New Path To Omnichannel Retail

PYMNTS

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

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Target To Roll Out Boar’s Head Products In Its Stores

PYMNTS

The retailer is adding 50 to 200 products from the brand to up to 200 locations in 2020, with offerings to include provolone cheese slices and maple-glazed turkey breast, Bloomberg reported. A longtime part of the grocery stores and delis of New York City, the brand is now found in grocery stores across the nation.

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Thrifting Through Retail Finds

PYMNTS

The concept of second-hand stores has undergone an evolution of sorts over the past 10 years, and a slew of new niche consignment shops have popped up to suit different consumers needs. The space, however, is now getting a pseudo makeover treatment thanks to the online arena. 17), saw little to no news circling it, though.

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Is In-Store Beauty Immune From Online?

PYMNTS

The accepted wisdom of the current retail reality is that no formerly brick-and-mortar brand can operate in a vacuum from the destabilizing effects of online sales. It would seem as if the cosmetics industry has found a corner of the retail market that Amazon can’t touch – though it’s not for lack of trying.

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