Retail Sales Jump Hides Economic Vulnerability; Plus, Costco To Open New Stores; And USPS Considers Massive Cuts
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TOP STORIES   July 17, 2020
RETAIL RECOVERY

Retail Recovery Veils Serious Headwinds

Judging by retail sales alone, it looks like the U.S. economy is poised for a rebound. But beneath the surface, there are some serious headwinds and potential weaknesses that will need to be resolved before a true recovery can begin. PYMNTS breaks down Thursday's retail numbers to tell a very different story.

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EARNINGS

Netflix Logs Huge Quarter; Stock Takes Hit

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USPS

Delay Of Game: USPS Considers Massive Cuts

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WHAT’S HOT

Costco Plans For Five New Store Locations This Fall

UK Trade Group Seeks Gov't Help For Fashion Sector
Tencent’s WeChat Minishop Enables Merchants To Create Virtual Stores
Instacart Sues Uber-Owned Cornershop
Google’s New Features Help Advertisers’ Products Stand Out In Search Results
Walgreens Teams With DoorDash For On-Demand Delivery
Facebook Expands Instagram Shopping And Payment Options
Innovative Approaches To Retail, Digital Payments And Healthcare
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