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Report: Starbucks Requesting 12 Months Of Rent Relief From Landlords
Starbucks has reportedly asked landlords to give the company a break on rent for at least a year due to the impact of the COVID-19 pandemic, according The Seattle Times.…
News May 15Tapestry Plans Pickup-Only Openings At 300 Stores
Tapestry, parent company of luxury brands Coach, Kate Spade and Stuart Weitzman, will begin offering curbside or store pickup services at 300 North American locations by next week. Additionally, 20…
News May 15FabFitFun Hires Disney And Microsoft Veteran As First CFO
FabFitFun has named J. Scott Di Valerio as its first CFO. In this newly created role, Di Valerio will oversee the strategy and execution for FabFitFun’s global finance, accounting, investor…
News May 15How Cloud Solutions’ Elasticity Help Manage COVID-19 Online Sales Spikes
View this webinar on-demand: This webinar is a featured conversation in our Retail Reset Hub, a virtual forum addressing COVID-19 recovery strategies. Fill out this form to view it on-demand!…
Features May 15Retail Sales Drop 16.4% Month-Over-Month In April Due To COVID-19
U.S. retail and food service sales dropped an estimated 16.4% from the previous month in April, nearly doubling the revised 8.3% decline experienced in March, according to data from the…
News May 15Increasing Customer Satisfaction And Driving More Revenue At The Point-of-Sale
In the course of digitalization, retail payments are undergoing rapid evolution. With omnichannel and alternative payment methods, smart retailers are using retail space more efficiently, transforming the Point-of-Sale (POS) into…
Executive Viewpoints May 15ModCloth Debuts No-Interest Installment Payment Option
Cautious consumers are pulling back on spending. According to a recent Gallup poll, 51% of consumers are spending less in recent months than they did previously, a 19-percentage-point hike over…
News May 14Shopic Raises $7.6 Million To Advance Contactless Shopping
Consumers looking to avoid possible COVID-19 exposure in retail stores are increasingly seeking contactless shopping options, as epitomized by Amazon Go. These systems identify the individual products customers put into…
News May 14Toshiba Debuts Multipurpose Touchscreen POS Terminal
Toshiba has introduced the TCx Display, a terminal designed to help retailers offer faster, easier checkouts for both associates and shoppers. The tool was built to handle high-impact retail environments…
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