ARTICLES BY THIS AUTHOR
- 5/1/2020
Modell’s bankruptcy proceedings get another reprieve; landlords object
In a closely watched retail bankruptcy case, a federal judge has granted Modell’s Sporting Goods a second suspension of its bankruptcy proceedings amid the COVID-19 crisis. - 4/30/2020
Walmart hits goal of hiring 200,000 employees during pandemic
Walmart Inc. has hired 200,000 associates in its stores, clubs, distribution centers and fulfillment centers since March 19. - 4/30/2020
Macy’s to reopen 68 stores on Monday
Macy’s Inc. is gearing up to reopen its stores, starting in the states where COVID-19 lockdown rules have been loosened. - 4/30/2020
Amazon Q1 sales up 26%; to spend entire Q2 operating profit on COVID-expenses
Amazon dropped a bombshell with its first-quarter earnings report. - 4/30/2020
Parent company of Coach Q3 sales fall 20%; details store reopening strategy
Tapestry reported that sales fell nearly 20% during its third-quarter as 90% of its global stores were either closed or open with reduced hours amid the COVID-19 pandemic. - 4/30/2020
Retailers welcome expansion of federal lending program to bigger businesses
The National Retail Federation welcomed the Federal Reserve’s decision to allow larger mid-size businesses hit by COVID-19 to participate in its $600 billion Main Street Lending Program. - 4/30/2020
BrandZ: Amazon retains tops spot as most valuable global brand
The strong get stronger, especially amid the COVID-19 pandemic. - 4/29/2020
Shoptalk postponed until September; also holding virtual events
Shoptalk, one of the retail industry’s biggest annual events, is among the many shows that have been impacted by the COVID-19 pandemic. - 4/29/2020
Starbucks details plan to reopen 90% of U.S. stores by June 1 — with big changes
There are some major changes afoot — temporarily — as Starbucks Corp. ramps up to open its U.S. stores, which have been closed amid the COVID-19 outbreak.