Ulta Beauty Leads Another Wave Of Furloughs; Plus, Rethinking The TJX Store-Only Commitment; And Clienteling Has Its Moment | | | | | | | | | | | | | Could TJX, Other Offline Retailers Regret Their eCommerce Abandonment? | | TJX, Burlington and Ross Stores are among the companies handing out furloughs to their workforce, even as they previously opted out of eCommerce options. Would they have made that decision if they had known their stores would be closed for March and April? Several experts weighed in on the topic for PYMNTS. | | |
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| | | | | | | Retail Job Losses Await COVID-19 Turnaround | | The retail sector played a large part in last week’s historic unemployment numbers. But exactly when those numbers could turn around depends on more factors than a simple lifting of shelter-in-place orders. A German business process could hold some clues to the government’s role in facilitating retail recovery. Read More... | |
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| | | | | Clienteling Gives Retailers COVID-19 Interaction Options | | The concept has been around for years as an effective way to merge mobile technology, in-store sales associates and valuable customers. But with nonessential stores closed, clienteling provides a way to communicate and even upsell customers during a time when face-to-face contact is on hold. Read More... | |
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| | | | | | Retaining Subscribers With Better Payment Options, Pause Features | | The coronavirus is causing a large economic downturn and is pushing consumers to curb their spending wherever possible, while subscription plans are now on the chopping block. Take a look at how features like the ability to pause subscriptions or better payment options could help keep consumers signed up for subscription plans. Read More... | |
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