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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. are some of the large national chains noting they will not partake in the early phase of reopening in places like South Carolina and Georgia per The Wall Street Journal.

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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

Up until then, retail levels were improving somewhat since the all-time low in April while the country was on lockdown. But customers have begun retreating from retail for the second time due to the increase in cases. The spikes in cases have been particularly noteworthy in Florida and Texas. The other 37, plus Washington D.C.,

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NRF, RILA Debut Blueprint For Reopening Retail

PYMNTS

In a plan that frames a phased-in approach to opening retail again, the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) debuted a Blueprint for Shopping Safe. Macy’s Inc. and TGI Fridays Inc.

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COVID-19 Spikes Hinder Retail Recovery

PYMNTS

Back in late March when the pandemic first started to lock down retailing, PYMNTS published the first in a series of tracking reports showing clear evidence that the overwhelming factor in economic recovery would be one thing: COVID-19 and the ability to mitigate its effects. Again, that scenario is playing out this week. percent increase.

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Walmart Forms Company To Sell Insurance Amid Healthcare Push

PYMNTS

The retailer is said to have active postings for licensed insurance agents and Medicare sales supervisors that read, “Yes, you read that right, Walmart now has an insurance agency.”. The retailer has also formed a collaboration with an upstart called Capital Rx that offers current information on prescription prices.

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Kohl’s To Reopen Stores In 10 Additional States

PYMNTS

After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a phased approach to retail reopening. The company said in an announcement that it will also open further retail locations in the weeks to come with “the same deliberate, measured approach.”.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported. Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.

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