Ross Stores Reports Sales Drop, Revs Up Reopening; Plus, Amazon Announces Reset On Prime Day; And Ex-Stitch Fix CEO Says Yes To AI Fashion
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TOP STORIES   May 22, 2020
RETAIL INNOVATION
Philly Consortium Advances ‘Regenerator’ Concept For SMBs
The future does indeed look tough for Main Street retail. However, a new idea called “Regenerators” shows promise as a way to coordinate public and private resources for the neighborhoods that need them the most.
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ARTIFICIAL INTELLIGENCE
Ex-Stitch Fix CEO Says Yes To AI-Powered Fashion
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RETAIL GUIDANCE

NRF Cautions On ‘Treasure Hunt’ Shopping
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WHAT’S HOT
• Ross Stores Reports Sales Drop, Begins Reopening Amid Pandemic
• Caesars To Resume Gaming, Hospitality Operations In Vegas
• Amazon Prime Day Set For September As Operations Stabilize
• Macy’s Chief Sees $10B In Opportunities Amid Retail Struggles
• Bright Spots In Retail Earnings And Cosmetics Sales
• Restaurant Sales Start To Rebound As Diners Return
• Mall of America Skips Mortgage Payments Before June Reopening
• Inactive Netflix Accounts Could Be Automatically Canceled
BEST OF PYMNTS
• NEW DATA: Better Customer Service Could Sway 3 in 10 Consumers To Switch Credit Cards
 
• Overstock CEO: Why Immunity Passports Could Move Blockchain Tech Mainstream
 
• Citi: Corporate Treasury’s Shift To The Digital Journey
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