Macy’s CEO Sees Slow Recovery; Plus, TJX Reports Positive Reopening Sales; And Cosmetics Shopping Goes Digital
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TOP STORIES   May 21, 2020
RETAIL REINVENTION
Why Smart Retailers Wish Their Customers Many Happy Returns
Walmart and Target this week reported record jumps in first-quarter online sales — which means both will probably soon see record jumps in online returns. But Amit Sharma, CEO of eCommerce returns platform Narvar, says smart retailers see well-designed returns programs not as drags on business, but as important selling points. Here’s what the industry’s best practices look like.
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HEALTH & BEAUTY
Pandemic Drives Cross-Currents In Cosmetics Sales
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EARNINGS
TJX Reports Positive Trends In Store Reopenings
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WHAT’S HOT
Macy's Warns Of $1B 1Q Loss, But Says Financing Is 'On Track'
BounceX Rolls Out SMS Marketing Offering
Mall Traffic Drops As Online Sales Jump During Pandemic
Shopify Launches Debit, POS Credit Tools For Merchants
Las Vegas Installs PPE Vending In Airport's Terminals
Returned Merchandise Now Faces Quarantine
Pandemic Forces Peter Luger Steak House To Start Delivery, Accept Cards
CVS Returns $43M In Provider Relief Funds
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