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Reviews 2020-05-22T17:22:00Z
memorial day sales old navy main

All the best Memorial Day sales and deals of 2020 — on mattresses, appliances, clothes, and more

We rounded up all the best Memorial Day sales and deals across the internet on mattresses and bedding, tech, clothing, outdoor gear, and appliances.
Retail 2020-05-22T16:59:40Z
Denny's full meal

Denny's is permanently closing 15 restaurants. Here's the list.

Denny's closures can be tied to "unforeseeable business circumstances prompted by COVID-19," according to WARN notices.
BI Prime Healthcare 2020-05-22T16:59:00Z

Giant companies like CVS, DaVita, Walmart, and Cigna are returning coronavirus stimulus cash. Here's why they're giving up millions.

Large companies are refunding a coronavirus stimulus meant for doctors, clinics, and hospitals. In letters, some of them explain why.
Retail 2020-05-22T16:52:16Z

I tried Chipotle's new TikTok menu hacks and the experience reminded me why I have a love-hate relationship with the chain

Using Chipotle's TikTok instructionals, I slapped together the chain's three new menu hacks. The results? Glorious, and also horrifying.
Retail 2020-05-22T16:43:17Z

Burger King debuts 'social distance crowns' in Germany, as restaurants test quirky ways to keep customers apart

Burger King debuted "social distance crowns" that keep customers six feet away from each other in Germany.
BI Prime Retail 2020-05-22T16:33:44Z

The CEO of a major national fitness chain weighs in on why all gyms should be 'immediately opened' — despite 78% of Americans saying otherwise

"This is not a bum rush. I believe that gyms are actually in a far better position to provide health and safety than restaurants, bars, and retail."
Tech 2020-05-22T16:29:40Z

Amazon just opened a permanent homeless shelter in its Seattle HQ, offering vulnerable families a place to stay during the pandemic — take a tour

The shelter has programs for new moms and babies, families with medically fragile babies, the elderly, and others.
Retail 2020-05-22T16:26:25Z

Disney Springs reopened this week, but it's not the same. Check out these pictures of what visiting the resort is now like, with mandatory mask, fever checks, and social distancing.

A reduced number of restaurants and shops reopened at Disney Springs and more are expected to return to operations May 27.
Retail 2020-05-22T16:20:21Z

The Drive Thru: People flock to TJ Maxx, retailers report earnings, and shoppers clash over mask policies

People love TJ Maxx and the war against masks rages on in retail. Plus, Walmart, Target and more chains report earnings. Here's what you need to know.
Advertising 2020-05-22T15:33:00Z

How the pandemic is impacting the advertising business as sports TV viewing evaporates, events are cancelled, and people cut back on spending

Business Insider breaks down how the pandemic is impacting advertising, from events cancellations to layoffs and furloughs.
Tech 2020-05-22T14:33:57Z

Joe Biden rips into Amazon, says the company 'should start paying their taxes'

Both President Trump and the Democratic presidential candidate have criticized Amazon, which paid $0 in federal income taxes from 2016 to 2019.
BI Prime Retail 2020-05-22T13:05:57Z

How brands can survive a downturn, according to a millionaire entrepreneur who runs multiple DTC brands that bring in 7 figures each

Entrepreneur Kevin Gould recently shared his top tips for how brands can survive a downturn, from preserving cash flow to cutting costs.
Retail 2020-05-22T13:05:00Z

Shopify is adding new tools as merchants lean on e-commerce during the pandemic

Shopify plans to roll out features that should help merchants operate their businesses and make online sales as they continue to lean on e-commerce.
BI Prime Finance 2020-05-22T12:08:00Z
Retail 2020-05-22T04:01:00Z

Pizza Hut is giving away half a million free pizzas to 2020 high school graduates. Here's how to claim a pie.

The pizza chain is the latest brand to announce an offer to the class of 2020 as graduations and ceremonies get cancelled nationwide.
Retail 2020-05-22T02:59:00Z

The future of retail in the US: industry trends and market trends

With fierce online competition, brick and mortar businesses are innovating like never before. Check out the latest retail trends for consumer preferences, new shopping technologies and the impact on ecommerce with our Future of Retail report preview.
Retail 2020-05-21T19:23:52Z

TJ Maxx is slashing prices even more than usual as stores aggressively try to get rid of goods

"As a company, we're aggressive at clearing goods," said Ernie Herrman, the president and CEO of TJ Maxx's parent company.
Markets 2020-05-21T18:10:20Z

TJX spikes 9% after reporting 'pent-up demand' from consumers as it begins to reopen its stores

Initial sales overall have been above last year's sales across all states and countries for more than 1,100 reopened stores, TJX said.
BI Prime Finance 2020-05-21T18:02:00Z

$85 billion e-commerce giant Shopify is trying to make banks irrelevant for small businesses. Its chief product officer lays out why.

Shopify is launching business bank accounts, a buy now, pay later product, and new templates for restaurants.
Retail 2020-05-21T18:01:00Z

The Future of Retail: Online Checkout

In The Future of Retail slide deck, Business Insider Intelligence outlines SRC-enabled checkout and explores how it could either take off or burn out.
Markets 2020-05-21T17:56:41Z

America's largest mall is reportedly 2 months behind on a $1.4 billion loan

A filing showed that the borrower had notified the master servicer, Wells Fargo, of COVID-19 related hardships.
Retail 2020-05-21T16:06:00Z

More than 3,300 stores are closing in 2020 as the retail apocalypse drags on. Here's the full list.

L Brands said Wednesday that it plans to close about 250 Victoria's Secret stores in the US and Canada in 2020.
Retail 2020-05-21T16:01:41Z

Peloton considers offering a cheaper version of its $2,000 bike as it pushes to dominate the at-home fitness market

"We want everyone in every socioeconomic class to be able to afford Peloton. That's a big focus for us in the coming years."
News 2020-05-21T15:29:00Z

Live updates: Texas coronavirus cases surge as restaurants, gyms, bars, and childcare facilities reopen

Shops, nail salons, movie theaters, churches, beaches, restaurants, and childcare facilities are now open to the public with physical distancing.
Retail 2020-05-21T15:10:56Z

Victoria's Secret new hand sanitizer is so popular that executives say it's the only thing the lingerie brand can't keep in stock

People may not be buying much lingerie during the pandemic, but Victoria's Secret brand hand sanitizer is selling out fast.
Retail 2020-05-21T14:57:26Z

Sales of the 'everlasting,' beloved product Spam have skyrocketed during coronavirus as long-time fans stock up

"Eating Richly" food blogger Diana Johnson noticed a spike in traffic to her Spam recipes. Meanwhile, Hormel Foods' CEO reported record-setting sales.
Retail 2020-05-21T14:32:00Z

Target's digital sales grew 282% annually in April

Target's digital sales grew 282% YoY in April, and its e-commerce business may grow even more as the pandemic pushes consumers to shop online.
Retail 2020-05-21T14:27:59Z

Shoppers stormed TJ Maxx stores when they reopened, driving sales higher than last year

"Treasure-hunt shopping experience" and "pent-up demand" drove shoppers, said CEO Ernie Herrman
Retail 2020-05-21T14:13:01Z

Amazon Prime Day will reportedly be in September — 2 months later than usual

Amazon has reportedly rescheduled its biggest promotional event of the year, Prime Day, to September.
Retail 2020-05-21T13:47:00Z

Macy's forecasts $1 billion quarterly loss due to lockdowns

"We expect business to recover gradually," Macy's Chief Executive Officer Jeff Gennette said.
Retail 2020-05-21T13:33:38Z

Pepsi takes down 'dystopian' advertisement on a COVID-19 testing sign after being mocked on Twitter

Pepsi faced mockery on Twitter after putting a "dystopian" ad for soda on a COVID-19 testing site sign.
BI Prime Transportation 2020-05-21T13:28:44Z

Amazon has a 'fail fast, fail often' culture, and executives use a tongue-in-cheek term to refer to shuttered initiatives

Current and former Amazon executives revealed the term that refers to ditched program, and it reveals Amazon's fast-paced corporate culture.
Retail 2020-05-21T12:55:09Z

Some stores including Lululemon won't take cash as they reopen, putting them further out of reach for millions of Americans

Stores are making lots of changes as they reopen amid the coronavirus pandemic. For some, that means not accepting cash as payment.
Retail 2020-05-21T12:33:00Z

The rise and fall of Victoria's Secret, America's biggest lingerie retailer

Victoria's Secret has been one of the best-known and most talked-about brands in the country — increasingly, not in ways that it might hope for.
Retail 2020-05-21T12:00:00Z

Workers at chains like Kroger, Costco, and Waffle House are on the front lines of an increasingly violent war between mask supporters and opponents

As stores encourage shoppers to wear masks, retail workers are bearing the brunt of the backlash.
BI Prime Advertising 2020-05-21T12:00:00Z

1-800-Flowers' revenue increased 12% in the last quarter. The company's CMO reveals how it's adapting its business and advertising as people send more flowers during the pandemic.

The company is taking advantage of low media prices by spending more on search marketing, mobile, and video advertising.
Retail 2020-05-21T10:06:37Z

Gap is speeding up its rollout of warehouse robots to limit person-to-person contact amid the coronavirus

Gap Inc. is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic.
News 2020-05-21T07:17:44Z

FedEx says it's investigating after 2 drivers alleged they were confronted by an angry homeowner in a viral video

"While we conduct this investigation FedEx will provide employment for these drivers," the company said in a statement.
Retail 2020-05-21T06:00:00Z

THE IN-STORE CHECKOUT REVOLUTION: How payments companies can take advantage of a $21 billion opportunity

Business Insider Intelligence forecasts the expansion of autonomous checkout stores and their payments volume over the next five years.
Retail 2020-05-20T21:25:00Z

Look inside one of the fanciest McDonald's restaurants in the world, built inside a 150-year-old colonial mansion

Located in Freeport, a small seaside town in Maine, the building was converted into the town's only McDonald's in 1984.
BI Prime Advertising 2020-05-20T21:13:00Z

IAC's Dotdash has built a profitable business out of evergreen service content. Now it's setting its sights on selling products like paint and bedsheets.

The digital media company has benefited from having content and products that are well suited to life in lockdown.
Retail 2020-05-20T20:44:28Z

Victoria's Secret will permanently close 250 stores in the US and Canada as the pandemic cripples its business

Victoria's Secret is among the retailers that have been hit hard by the coronavirus outbreak.
Retail 2020-05-20T20:02:00Z

THE OMNICHANNEL FULFILLMENT REPORT: Why the death of brick-and-mortar has been greatly exaggerated

Business Insider Intelligence examines the current trajectory of BOPIS and BORIS and provides strategies retailers can use to implement them.
Finance 2020-05-20T18:45:00Z

From warehouses to office space, real-estate markets are being turned upside down — and?these are the winners and losers

Flex-office firms are struggling, and companies are rethinking leases for offices. Meanwhile, demand for warehouse space is emerging as a bright spot.
BI Prime Retail 2020-05-20T18:33:19Z

The CEO of OpenTable and Kayak talks about the future of dining and travel and why restaurants will soon push 4 p.m. dinner reservations

"Travel and dining are going to come back," Steve Hafner said, adding that shutdowns have shown "the potential of a digital life and also its limits."
Retail 2020-05-20T18:17:45Z

Walmart is killing off its most popular app as online shopping reaches record highs — and it's a brilliant strategy

Walmart is merging its grocery app and its main app, so shoppers don't have to visit two places to buy food, toys, tools, and more.
Retail 2020-05-20T17:52:49Z

The restaurant you just ordered delivery from may not actually exist — here's why.

As restaurant industry becomes increasingly digital, we're being forced to question our idea of what qualifies as a restaurant.
Retail 2020-05-20T16:31:00Z

Nordstrom is closing another 3 stores, on top of the 16 it already announced. Here's the list.

Nordstrom will permanently close three Jeffery boutique stores, in addition to the 16 full-line department stores that it plans to close.
Retail 2020-05-20T16:25:30Z

Home improvement sales surge during coronavirus pandemic, as Lowe's experiences major jump in in-store and online spending

Lowe's saw a 11.2% spike in overall comparable sales, while Home Depot saw a 6.4% jump in comparable sales.
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