Macy’s To Reopen 68 Stores; Plus, eBay Earnings Tease Big Q2; And Global Sales Drop Approaches 10 Percent
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TOP STORIES   April 30, 2020
AUGMENTED REALITY
Tech Firm Seeks To Move AR Out Of The Living Room
Online furniture retailers were among the early adopters of augmented reality software to show consumers what a sofa might look like in their home, but the #stayathome mandates are now getting many other verticals into the act — and forcing early adopters to up their game. Jon Cheney, co-founder and CEO of AR firm Seek, tells Karen Webster that the technology does more than enable easier digital purchases of items once bought in stores — it also cuts returns by as much as 25 percent.
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ECOMMERCE
eBay Earnings Show Cross-Currents Of Its Business
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RETAILER RANKS
Good News: Pandemic Produces Retail Winners
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WHAT’S HOT
Macy's Plans To Open 68 Locations Again After COVID-19 Closures
Global Retail Sales Projected To Fall 9.6 Pct On Average
Yum! Brands Adapts To COVID-19 With Contactless Delivery And Digital Technology
Half Of Mall Department Stores Expected To Close By Next Year
Meeting Consumer Preferences With BNPL And Streamlined Checkouts
Many US Restaurants Say PPP Loans Don’t Meet Their Needs
Kroger Rolls Out Contactless Payment Option With Kroger Pay
US Pending Home Sales Drop Almost 21 Pct As Buyers Stay Home
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