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Klarna Launches Global Multi-Retailer Loyalty Program
Klarna, a buy now/pay later payments provider, has introduced the Vibe loyalty program. The no-fee offering will roll out in the U.S. in June, before being extended to Germany, Australia,…
News June 9Walmart Pledges $100 Million To Create Racial Equity Center
Responding to the mass protests that have been catalyzed by the death of George Floyd in police custody, Walmart will commit $100 million over the next five years to create…
News June 9
G-III Apparel Closes All Wilsons Leather And G.H. Bass Stores In Shift Toward Wholesale
G-III Apparel Group will close all 110 Wilsons Leather and 89 G.H. Bass stores, as part of a restructuring effort that will result in the company putting more emphasis on…
News June 9
Your Frontline Will Make Or Break Your Retail Restoration Plan
It has never been harder to be a frontline employee. Associates have to take extra precautions to protect themselves and others from infection. They’re also working with customers who are…
Executive Viewpoints June 9Better Retailer-Supplier Collaboration Impacts 20% Of Revenue For Each
A large majority of global grocery/CPG retailers and suppliers report that collaborations between the two parties have improved during the past two years, according to a new Coresight Research report…
News June 8JCPenney Identifies 154 Stores Slated For Permanent Shutdown
On June 12, JCPenney will begin permanent closures of 154 stores, “following a comprehensive evaluation of its retail footprint and a careful analysis of store performance and future strategic fit…
News June 8May E-Commerce Sales Up 81%, But Total 2020 Retail Sales Still Expected To Drop 10.5%
Brick-and-mortar stores are beginning to reopen in some geographies, but e-Commerce is still riding high: online retail transactions grew 81% year-over-year in May, led by sportswear and sporting goods (216%),…
News June 8
Exclusive CEO Q&A: How Hand & Stone Kept Growth Going Even During Shutdowns
Apparently, growth is a hard habit to break — even when a pandemic forces the shutdown of every one of your 465 locations. Hand & Stone Massage And Facial Spa…
Features June 8
As Contactless Payment Use Grows, Here’s What Consumers Need To Know About Fraud Prevention
Touch-free “contactless” payments in stores and at vending machines are gaining popularity with U.S. shoppers and retailers during the pandemic, because the coronavirus can stay viable on many surfaces for…
Executive Viewpoints June 8
