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55-Plus Group Lends Optimism To Travel Operators

PYMNTS

The paper cited positive data from a large swath of UK tour operators. Bus operator National Express reported a 185 percent increase in bookings for spring and summer trips compared with bookings made during the same period in 2020.

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Reliance Retail Fires Shot Against Amazon In Battle For India

PYMNTS

There’s a storm brewing in the Indian retail scene, with Amazon at its center. Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Whole Foods has 497 stores. billion consumers. “At

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Slight Uptick Reported In Retail Rent Payments

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Another month of the pandemic and another first of the month when retail lease payments are due. As the crisis enters its fourth month, counting March, two new earnings reports indicate that about 60 percent of retailers are paying their rent — with a few very notable exceptions. percent of retail rent was collected, compared to 48.9

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Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash

PYMNTS

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. And the “biggest attraction” of luckin popMINI is what the firm refers to as “eCcommerce Prices in Vending Machines.”

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The Essential Classification Divide Grows Among Retailers

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The divide between essential and non-essential retail grows bigger by the day as deep discounters and dollar stores continue to add stores, employees and revenue during the COVID-19 crisis. Dollar General , Dollar Tree , Big Lots, Ross Stores and other deep discounters are in the class Boss refers to. Nordstrom Inc.,

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Examining The Generational Differences Between Retail Consumers

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Retailers trying to bridge the growing gap between the shopping trends of Baby Boomers, Generation Z and every demographic in between may think they have the different generations figured out, but in some cases, operating on assumptions can lead to missed sales. Baby Boomers. was home to 81.3 was home to 81.3 million people in the U.S.,

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Brazilian Retailer Magazine Luiza To Compete With Amazon

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Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. Magazine Luiza shares were up 1.9 percent at R$170.31 ($43.45

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