News

Study: Retailers not prepared for account takeover attacks

Two in three customers would stop shopping at an online retailer if their accounts were used fraudulently.
Three tech-related reasons Amazon should buy J.C. Penney

An Amazon acquisition of J.C. Penney makes sense from a technology standpoint – including one non-obvious benefit.
Chicken Salad Chick continues store expansion

Chicken Salad Chick has its eye on Texas.
Retailers break their own record in job cuts

Retailers announced 114,327 job cuts January through April in 2020 as they closed stores amid the COVID-19 crisis.
Bed Bath & Beyond to reopen 600 stores by June 13; expanding contactless curbside pickup

Bed Bath & Beyond Inc. is getting ready to welcome back customers to its stores amid surging digital sales.
PREIT CEO thinks J.C. Penney can stay alive with a scaled-down format

PREIT CEO Joseph Coradino, who several years ago began buying back department store space in the company’s malls and filling them with more viable retail concepts, now thinks we may not have seen the last of J.C. Penney.
Expert Analysis: The Secondary Market is the Rising Star of the 2020 Recession

The COVID-19 pandemic has thrown the United States into a recession.
Placer.ai: Here’s how the pandemic has changed grocery shopping behavior

As states loosen restrictions and retail showing signs of a recovery, there are changes to consumer behavior that could have potentially long-lasting ramifications.