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Lord & Taylor Joins Retail Bankruptcy Watch

PYMNTS

The retail bankruptcy watch intensified Tuesday (April 21) as the department store sector was hit by reports of yet another major player looking at that option. Lord & Taylor, now joining Neiman Marcus, is considering a bankruptcy filing as the COVID-19 lockdown continues to decimate non-essential retail. billion in sales.

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J.Crew Won’t Be Last Retail Bankruptcy Amid Pandemic

PYMNTS

J.Crew’s bankruptcy declaration on Monday (May 4) citing the devastating impact on sales by the coronavirus pandemic could be the first of a long line of big-name retailers to seek protection. The retailer made its filing in the U.S. It appears most consumers have filled the shopping gap by making purchases online.

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US eCommerce Up 49 Pct; Curbside Pickup Soars 208 Pct Since April 1

PYMNTS

Dozens of retailers, from Dick’s Sporting Goods to Walmart , have added contactless shopping services, and it’s caught on. The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. Last week, Texas Gov.

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ALDI Expands Online Grocery Delivery To All US Stores

PYMNTS

ALDI has announced that it is expanding its online grocery delivery service to all of its stores in the United States. ALDI partnered with Instacart in March, first launching the service in greater Chicago, in areas as far as Rockford, Illinois, after testing it out in three markets – Atlanta, Dallas and Los Angeles — in August.

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Retail Pulse: Glossier Goes Experiential In NYC; Holiday Retail Sales May Top $1 Trillion

PYMNTS

With the system, online purchases can be tied to purchases with those in the store. While 90 percent of the company’s revenue comes from online sales per the Times , Glossier’s ethos is that it is not led by either brick-and-mortar retail or eCommerce. And online retail sales may hit $123.73 percent of sales.

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Why Pets Are Pulling Retail Innovation’s Leash

PYMNTS

Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. In a recent PYMNTS interview, company founder Andrea Chavez talked about bringing more online efficiencies to pet ownership. Chewy.com already has an online pharmacy business.

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Retail Reopening: Business And Consumer Timelines Do Not Match

PYMNTS

As talk turns to reopening retail it’s becoming painfully clear that the business timeline and the consumer timeline don’t match. And that could be devastating news for the retail sector most in need of a grand reopening: malls. It is a real concern for consumers and a potential hindrance to retail recovery. Stores like T.J.

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