Retail News

Bankruptcy is never fun, but filing Chapter 11 bankruptcy for a company is a different type of financial and emotional strain, one that the retail chain Pier 1 is about to learn all too well. On February 17th, it became official that Pier 1, a home furnishing retailer with it’s headquarters located in Fort Worth, Texas, issued a press release to Business Insider that they will be “pursuing a ‘orderly sale process’ by filing for Chapter 11 bankruptcy.”

Among the recent trends of facemasks, people hoarding toilet paper, and the social distancing we’ve all had to embrace as of late, one thing you may have noticed online are the strange amount of advertisements for hand sanitizer, or maybe the lack of them appearing on the most popular social media platform in the world- Facebook.

Having trouble finding home essentials like toilet paper or hand sanitizer or cleansing wipes? Have you found it online but are not willing to pay the ridiculous asking prices? Here's what you should do.

Crude oil is cheaper than most items on a McDonald’s dollar menu. Airlines are flying empty planes in order to maintain hanger privileges. And now people are starting to realize that hoarding toilet paper may not have been such a good idea since the stores keep managing to stock shelves on a daily basis. However, as we hit month two of a nation under lockdown, we as a nation might soon begin to encounter the true impact of this pandemic as supply lines and providers worry of a potential food shortage coming to a neighborhood near you in the near future.

If you’ve been keeping up with the Nintendo Switch situation, then you probably know that finding one over the past few months has been quite an ordeal. With the pandemic going on, people starting staying home far more than they were used to, and the boredom of such a thing set in quite quickly. Just like that, folks were looking for new ways to entertain themselves, and so the Nintendo Switch became absurdly popular very quickly. In no time at all, it was almost impossible to find the console at any storefront, and the ones you could find online were generally sold at exorbitant prices.

Now, shoppers can create a voice order to add items to their cart through Siri. The Siri Shortcut for Online Grocery allows customers with iOS devices to ask digital voice assistant Siri to add items to their cart by saying “Add to Walmart.” The new feature works for iPhone, iPad, Apple Watch, Mac, HomePod or CarPlay.

Even many months after its debut, finding an Xbox Series X|S is not particularly easy. Even though they are sporadically restocked at a number of retailers, they tend to be bought out very quickly, even if the stock is in the form of a very expensive bundle. Making matters worse is the way restocks often occur without much notice, so a lot of people don’t even know stock was available until it is sold out again.

During this pandemic, thousands of stories of Americans coming together to help one another, to be an example of goodness and good citizenship, going out of their way to perform extreme acts of kindness, have made the newscycle a little more lighthearted in the midst of all this fear and anxiety. However, some of our neighbors may be part of a large series of unethical behavior that is leaving essential employees stuck with enough work being lied to and abused.

Ulta Beauty is having a sale for a vast assortment of makeup products at their online store right now. Of particular note are special Prince (yes, the musician) themed products from Urban Decay, as well as The Morphe x James Charles palette. Of course, there are many other products currently discounted as well, all of which are worth a look if you’re interested!

GameStop has claimed that it will close down more than 300 stores this year. However, the game retailer made sure to note that this has nothing to do with COVID-19: this plan was in motion before the pandemic. This announcement was made by Chief Financial Officer Jim Bell during the most recent fiscal earnings call.

Nintendo just recently halted all shipments of both the Switch and Switch Lite in Japan. According to a report from Nikkei, they just can’t keep up with the demand for the console, which is steadily growing due to the Coronavirus and the fact that everyone is staying home to play games. Of course, COVID-19 is also making it much more difficult to manufacture Switches, so the core of the problem lies there.

Nintendo recently announced that they will be releasing the Nintendo Switch OLED model, a new version of the Switch we all know and love. This new hardware revision will include a larger screen, an ethernet port, 64 gigabits of storage, and improved audio performance. The launch date for this new OLED Switch is set for October 8th which is also the release date for Metroid: Dread. Unfortunately, there is no evidence that there will be a Metroid-themed model, but that also doesn’t mean it isn’t a possibility...

This week, at least 25 physical retail stores for Apple will be reopened. Head of Retail, Deidre O’Brien, released a letter on the company’s website, which covers the details of how Apple plans to safely reopen their stores. Back in March, Apple closed down all of its physical stores outside of those in Greater China. Most Chinese stores have reopened already, though Apple is still in the process of laying out their plan for opening others in other areas.

It wasn’t that long ago, so most everyone probably remembers the Reddit fueled Wall Street battle for GameStop that happened earlier this year. Thanks to very large number of people trying to bump up the chain’s value, GameStop’s stock value is actually ten times higher right now than it was at the beginning of 2021. One might think this was actually a good thing for the company, having good value after the debacle that was 2020, but unfortunately, this stock increase has very little to do with the actual performance of the business. This is made pretty clear by GameStop’s fourth quarter and 2020 fiscal year results.

Chick-fil-A is taking a leap into the delivery future with its recent enlistment of help from Refraction AI. This company uses robotics to lower a business’ last-mile delivery cost. The popular fast food focuses on offering delicious chicken sandwiches and will begin using Refraction’s services in late June in the Austin area.

Two of the most notable featured Dyson deals include the Dyson V7 Absolute in black and the Dyson Outsize Absolute +. The Former is currently listed at $249.99 or for as low as $23 a month if broken down into a payment plan. The latter was originally priced at $899.99 and is now listed at $799.99 with monthly payments as low as $73...

New consoles are hard to find when they are first released, under any circumstances. But with COVID going on, causing delays and stock shortages, getting your hands on a PS5 is extremely difficult right now. When these much-desired pieces of technology are restocked, they are almost always bought out in an extremely short amount of time. In other words, it’s really hard to find these things, and we’re going to go over how to maximize your chances of finding one for yourself.

The BH Cosmetics official website is having a sale on popular palettes, makeup tools, and lashes. Generally speaking, the consistently good-quality makeup brand offers...

The fast food retail chain, Pizza Hut, decided to reduce and change its current store models from dine in to “modern express stores” over the next two years, according to National Restaurant News. The chain will look into more than 500 low-performing stores and replace them with newer carryout stores that will better serve its customer base nationwide.

As many stores reconsider their financial holdings and how to make a space in the e-commerce dominated market, several have chosen to close stores. After Walgreens announced 200 U.S. location store closures, Kmart and Sears will add 26 more to the growing list of 7,000-plus store closures for 2019.