ARTICLES BY THIS AUTHOR
- 5/22/2020
Retailers break their own record in job cuts
Retailers announced 114,327 job cuts January through April in 2020 as they closed stores amid the COVID-19 crisis. - 5/22/2020
Placer.ai: Here’s how the pandemic has changed grocery shopping behavior
As states loosen restrictions and retail showing signs of a recovery, there are changes to consumer behavior that could have potentially long-lasting ramifications. - 5/22/2020
Bed Bath & Beyond to reopen 600 stores by June 13; expanding contactless curbside pickup
Bed Bath & Beyond Inc. is getting ready to welcome back customers to its stores amid surging digital sales. - 5/21/2020
Victoria’s Secret to close 250 stores this year — with more to come
L Brands is shrinking the store portfolio of its struggling Victoria’s Secret division. - 5/21/2020
Store reopening checklist for facilities managers
As COVID-19 restrictions begin to lift in many states, many retailers are planning for their full-scale reopenings. - 5/21/2020
Best Buy earnings, sales fall but beat Street as digital sales skyrocket
Best Buy Co. reported first-quarter earnings and sales that beat analyst expectations amid a 155% rise in online sales as customers took advantage of curbside pickup at its stores. - 5/21/2020
Starbucks’ sales in recovery mode; to open more pick-up only stores in the future
Starbucks sales are on the rise as the company continues to reopen its cafes. - 5/21/2020
Macy's expects Q1 operating loss of $1.1 billion; 270 stores open by Memorial Day
Macy’s on Thursday said it expects first-quarter sales to fall by as much as 45% as its stores remained dark during the COVID-19 outbreak. - 5/21/2020
Store closures hit TJX hard with big Q1 loss; defers Q2 rent to 2022
With its stores dark for half the quarter due to the COVID-19 pandemic and a weak e-commerce presence (or none at all for some of its brands), The TJX Cos. posted a much wider first-quarter loss than expected.