Just 13.8 percent of retail property rents were paid for this week’s quarter rent day, new data reveals. That compares to 19.8 percent paid for the previous quarter rent day in March and again highlights the extent to which the fallout from Covid-19 is affecting the sector. Retail was the most heavily […]

Laybuy, New Zealand's leading ‘buy now, pay later’ service, has announced PrettyLittleThing and Hype. to be the latest retailers who will offer this flexible payment option to their UK-based customers. Scheduled to go live online on both retailers’ e-shops later this month, Laybuy’s payment service […]

Video commerce platform NTWRK has partnered with payment provider and bank Klarna, known for its “buy now, pay later” services, to offer its US customers the same flexibility while checking out. This collaboration gives NTWRK’s millennials and Gen Z audience groups the possibility to shop exclusive […]

Struggling retailer J. C. Penney Co. Inc. has issued a new list of 13 more stores to be closed permanently as part of its Chapter 11 bankruptcy process. The department store chain would begin liquidation sales at the stores on July 3, pending court approval. The latest store closures reportedly include […]

Early July will see the launch of the new ‘By Appointment’ app, which will assist retailers in reopening their stores and help consumers shop with confidence. The free app was created by hospitality and IT development experts Charles Smith and Adam Batten, and will offer “valuable benefits” to retailers, […]

Instagram has announced that it is expanding its shopping feature to more types of businesses, including creators and publishers as of 9 July. From that date, any eligible business or creator account with at least one eligible product can use shopping tags to drive users to their website to make a purchase. […]

Drop-off delays, cancellations of trade fairs, postponed collections, the question of purchasing planning is at the heart of the disruptions brought about by the crisis. Added to this is the digital transformation - that of fashion weeks but also of showrooms and trade shows - to which fashion professionals […]

The spread of the coronavirus has presented the vast majority of the fashion industry with uncertainty, as retailers had to close shop, fashion events were cancelled or postponed and consumer shopping behaviors changed. But, the resale market acted as a bright spot in this otherwise bleak reality: according […]

The British Retail Consortium (BRC) and the Union of Shop, Distributive and Allied Workers (USDAW) have had mixed responses to the government’s plan to ease social distancing rules. From 4 July, the two metre social distancing rule will be relaxed to “one metre plus” in England, Boris Johnson announced […]

New York City was given the green light to resume in-store retail on Tuesday, and Saks Fifth Avenue has announced the reopening of its flagship. The Fifth Avenue store will open on Wednesday, marking the completion of Saks' phased approach to reopenings of its 40-store fleet across the U.S. and Canada. […]

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