ARTICLES BY THIS AUTHOR
- 4/8/2020
Nordstrom: Financial situation could become ‘distressed’ if stores remain dark
Nordstrom Inc. gave an update on the impact of COVID-19 in a securities filing on Wednesday. - 4/8/2020
Ralph Lauren forgoing salary for full year as more companies announce pay cuts
More retail companies are furloughing employees and announcing executive pay cuts — some to greater degrees than others — as stores remain closed indefinitely during the COVID-19 pandemic. - 4/8/2020
Starbucks makes $10 million commitment to new employee relief initiative
Starbucks Corp. is expanding its efforts to help its employees around the world affected by the COVID-19 crisis. - 4/8/2020
Fitch Ratings: The retailers most vulnerable to current spending downtown include…
The COVID-19 pandemic is upending U.S. retail discretionary spending, which is projected to decline by 40% to 50% in the first half of 2020. - 4/7/2020
Nike leverages product innovation expertise to develop full-face shields
Nike has drawn on its access to materials and expertise in product innovation expertise to develop full-face shields and powered, air-purifying respirator (PAPR) lenses to protect against COVID-19. - 4/7/2020
Walmart’s annual shareholder meeting going virtual — but without the party
The huge, celebrity-studded celebration for Walmart employees that precedes its annual shareholder meeting has been canceled. - 4/7/2020
Lowe’s stores to close for Easter; new ad spot thanks front line responders
Lowe's Cos. is giving its employees time to “recharge” this Sunday. - 4/7/2020
ACI Worldwide: Online sales and fraud rising; maintaining security during crisis
The COVID-19 crisis is driving the global growth of e-commerce sales — and of online fraud. - 4/7/2020
Report: Pier 1 weighs bid that would close most — but not all — of its stores
Pier 1 Imports might soon become a shadow of its former self.