CVS Has Positive Q1 | Shopify Counts Store Jumps | Nordstrom To Close 16 Stores

CVS Reports Healthy Q1; Plus, Shopify Jumps With Digital Shift; And Nordstrom Drops 16 Stores

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TOP STORIES May 6, 2020 RETAIL REINVENTION Reinventing Retail: The Laws Of Attraction Retailers need to differentiate their various consumer segments and value propositions if they want to lead into a strong recovery. Experts including GRUBBRR CEO Sam Zietz tell PYMNTS that a generic approach can be counterproductive. READ MORE EARNINGS Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse READ MORE STORE CLOSURES Nordstrom And Lord & Taylor Dampen Retail Reopening Plans READ MORE WHAT’S HOT • CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases • New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce • Challenges For Retail Reopenings, eCommerce • Garment Factories Reeling As Importers Stop Orders Among Weak Sales • Airbnb Says 2020 Revenue Will Be Halved • Starbucks Reopens Most Stores For Order-Ahead Only • Wayfair's Sales Up 20 Pct As Homebound Consumers Feather Nests • Restaurants Warn Of Higher Prices To Offset Reduced Capacity BEST OF PYMNTS • Impossible Foods CFO On The Shift To Grocery And Clearing The Meat Lover’s Bar • Visa, Conferma Pay, Make Corporate 'On The Go' Card Spend Tap And Pay • Online Gambling And The Challenges Of Betting On Instant Disbursements

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