ARTICLES BY THIS AUTHOR
- 4/1/2020
Kroger’s same-store March sales up 30%; costs up amid increased investments
The Kroger Co. maintained its first-quarter guidance and reported a 30% increase in March same-store sales, with surging demand in the middle of the month amid the COVID-19 outbreak. - 4/1/2020
Survey: 85% of Americans to alter buying habits because of COVID-19
The coronavirus have significant short- and long-term effects on brand affinity and consumer purchases in the U.S. - 4/1/2020
Macy’s leaving S&P 500 Index
Macy’s Inc. is being removed from the S&P 500 Index to make way for Carrier Global Corp. - 4/1/2020
Home Depot limits in-store customers; halts sales of N95 masks
The Home Depot announced temporary changes to help reduce the spread of COVID-19 along with an update on how it is contributing to front line medical professionals. - 4/1/2020
Sephora keeping majority of U.S. store employees on payroll through late May
Sephora has joined other major retailers in extending its store closures, but it is not following suit in another way. - 4/1/2020
Kroger giving another bonus to ‘hero’ employees
The Kroger Company is increasing its efforts to reward employees working on the frontlines during the COVID-19 pandemic. - 4/1/2020
Children’s Place ‘evaluating options’ on 600 store leases; CEO forgoing pay
The Children's Place Inc. is the latest retailer to furlough employees and take other measures to boost financial flexibility as it extends store closures indefinitely amid the COVID-19 pandemic. - 3/31/2020
Dollar Tree withdraws outlook as same-store sales start to moderate
Dollar Tree withdrew its fiscal first-quarter and full-year outlook as it heads into peak Easter selling season amid moderating same-store sales. - 3/31/2020
Device uses real-time audio cues to promote in-store social distancing
A device that resembles a dome security camera is designed to heighten real-time awareness of social distancing in retail stores – especially in busy areas frequented by multiple shoppers. - 3/31/2020
Parent company of Men’s Wearhouse adopts poison pill
Tailored Brands has adopted a shareholder rights plan, or so-called poison pill, aimed at reducing the likelihood that a person or group can gain control of the retailer at its depressed share price.