No Revenge Spending For US Retail | Apple Stages Limited Reopening | Instagram Steals Fashion Shows

Apple Announces Phased Reopening With Shopper Limitations; Plus, Don’t Count On Revenge Spending For US Retail; And Fashion Shows Hit The Social Runway

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TOP STORIES May 27, 2020 HOW WE SHOP Retail Reopening Hinges On Dangerous Discounts As “revenge shopping” hasn’t been much of a factor so far in the U.S. retail reopening, deep discounting has concerned several observers, as short-term pricing is still driving sales both in-store and online. READ MORE DIGITIZATION High-Fashion Market Continues Its Digital Shift READ MORE RETAIL STRATEGY Lexus Gains A Partner In Online Reputation Management READ MORE WHAT’S HOT • Apple To Reopen Approximately 100 US Retail Locations • Tuesday Morning Seeks Chapter 11 Bankruptcy Protection • Emerging From The Pandemic With eCommerce And IoT • Walmart, ThredUp Join Forces For Secondhand Clothes • Malls See Increase in Foot Traffic, But Less Time Spent In Stores • China’s Meal Delivery Service Meituan Now Valued At $100B • Related Co-chair: Many SMB Retail, Restaurants 'Don’t Have The Wherewithal To Reopen' • Home Sales Up 0.6 Pct In April Despite Lockdown BEST OF PYMNTS • How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel • FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? • Innovating The ATM Beyond Cash

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