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Kohl?s Leans Into Digital During Pandemic Store Closures

PYMNTS

CEO Michelle Gass said in a Tuesday (May 19) first-quarter earnings call with analysts that the retailer amplified its digital marketing efforts and revised its online site content. The retail executive said home was the most formidable category, with digital sales rocketing over 50 percent for the quarter. billion and $1.75.

Retail 235
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Are One-Third Of Retail Jobs On The Way Out?

PYMNTS

Recent data indicate that in the not-so-distant future, the retail marketplace will be employing far, far fewer people — if you live in the U.K. As of right now, retail employs about one-sixth of retail workers — or around 3 million people. national minimum. by 2020.”.

Retail 100
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Amazon Rolls Out 'Climate Pledge Friendly' Program

PYMNTS

The retailer noted in the announcement that “Cradle to Cradle Certified products are safe, sustainable products made to support a circular economy.”. The eCommerce retailer said its Climate Pledge Friendly program supports its goal to reach the Paris Agreement a decade ahead of schedule and to be “net-zero carbon” by 2040.

Retail 131
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33 Percent Of Grocery Customers Would Use Digital Coupons If Retailers Offered Them

PYMNTS

Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025. Retailers can take advantage of other social media platforms too, such as Snapchat. Believe it or not, old-fashioned coupons remain a viable method to reach retail consumers.

Retail 126
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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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Amazon Sets Sights On Southeast Asia

PYMNTS

So where to next for the omnichannel retail giant? Two of its nations (Indonesia and Thailand) are ranked in the top 20 economies by their GDP. But Amazon isn’t waiting until 2025, or even 2020. In fact, it’s well poised to become the world’s first “ smart nation.” Singapore, it turns out.

Regional 148
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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

PYMNTS

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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