News & Media
JCPenney shutting another batch of stores
June 24, 2020
In the wake of its bankruptcy filing, retailer J. C. Penney Company, Inc. is getting ready to close 13 more stores in addition to the 200 closures happening by…
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COVID-19: There is hope for fashion yet
by Zach Thomann
Zach Thomann, EVP and GM of PFS, believes fashion and luxury and beauty segments will rebound in the wake of the coronavarius and may even lead to more…
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7-Eleven pilots Siri voice commands for contactless fuel
June 24, 2020
7-Eleven Inc. has launched a pilot to test contactless fuel purchases at its gas stations using voice commands at select stores in North and South Orlando…
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6 steps for retailers in this crisis and the next
by Ed Valdez — Partner & CMO, Chief Outsiders
Ed Valdez, partner and CMO with Chief Outsiders, shares six steps and additional strategies that retailers should use to lead their business through the…
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A look at retail's top 7 trends
June 23, 2020
E-commerce, convenience and a changing brick-and-mortar shopping environment are among the top seven trends in retail today, according to a Deloitte report…
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Visa programs aim to help 50M SMBs drive digital business
June 23, 2020
Visa is offering 50 million small and micro businesses a range of services to help them grow more efficiently, build their online footprints and promote…
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Feds make forgivable PPP loans easier to navigate
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
The federal government has introduced a simplified PPP loan application form in an effort to make the PPP loan process easier since the government announced…
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Bed Bath & Beyond stores to have all locations open by July
June 23, 2020
Bed Bath & Beyond expects 95% of its retail storefronts to be opened by June 27 and the remaining few by July.
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Mastercard survey shows global surge in digital payments
June 22, 2020
Mastercard Inc. released a study showing consumers worldwide are using contactless and other digital payments at record levels and moving away from cash due to…
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618 proves to be a winning date for Alibaba, JD.com
June 22, 2020
The annual online shopping event, 618, (so named for the June 18 date it occurs), drew billions in sales for Chinese e-commerce leaders JD.com and Alibaba.
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H&M sees sales dip in Q2
June 22, 2020
The second biggest fashion retailer in the world, H&M, saw net sales drop 50% in its second fiscal quarter compared to a year ago primarily due to the…
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To boost the customer experience increase departmental collaboration
by Joe Schultz — Vice President of Sales, Harbor Industries
Joe Schultz, vice president of sales at Harbor Retail, explains why to be successful retailers need to build a sense of collaboration and camaraderie and…
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Mastercard to tokenize Amazon transactions
June 19, 2020
Mastercard Inc. is rolling out a program to boost transactions on Amazon, as customers in 12 countries across the Americas, Europe and the Middle East will now…
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Networld Media employees honor late founder Alan Fryrear
by Cherryh Cansler — Editor, FastCasual.com
Alan Earl Fryrear, co-founder and chairman of Networld Media Group, died at the age of 81 on June 10, 2020.
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Apple reopening NYC stores this week
June 18, 2020
Apple Inc. is re-opening its New York City stores this week but shoppers will need to make an appointment as walk-ins are not welcome.
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Target makes starting wage $15 to support workers during pandemic
June 18, 2020
Target is boosting its starting wage to $15 a bit earlier than expected in a quest to help support employees during the ongoing COVID-19 pandemic.
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NRF: Sales improvement is an encouraging sign
June 18, 2020
The bump in retail sales last month is "encouraging news," according to the National Retail Federation, and the focus now must be on keeping retail stores open…
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Some shoppers excited to get back to shopping, some are nervous
June 17, 2020
Depending on the region, U.S. consumers are either most excited to get back into retail environments while others are admittedly nervous about the prospect.
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What do Gen Z shoppers really want?
by Mike Roberts — Chief Creative Officer, Green Room Design
Mike Roberts, chief creative officer at Green Room Design, a brand and retail consultancy, maps out what Gen Z consumer are all about and the experience design…
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Retail sales on very healthy rebound track
June 17, 2020
Federal figures regarding retail sales reveal consumers are busy, busy, busy shopping at this point in the wake of the coronavirus pandemic.
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