ARTICLES BY THIS AUTHOR
- 3/25/2020
Target comp sales up over 20%; expects more than $300 million in added Q1 costs
Target Corp. provided a update into its performance amid the COVID-19 outbreak, during which it has experienced surging sales in certain categories and rising costs. - 3/25/2020
Walmart offers rent relief to in-store business partners
Walmart Inc. is offering financial assistance to the small businesses that operate shops inside Walmart and Sam’s Club locations. - 3/25/2020
Camping World CEO to provide financial help to employees during COVID-19
Marcus Lemonis, chairman and CEO of Camping World Holdings and star of CNBC show “The Profit,” is stepping up to assist employees experiencing financial and personal difficulties due to the COVID-19 crisis. - 3/25/2020
Dick’s Sporting Goods CEO, president to defer salaries amid exec pay cuts
Dick’s Sporting Goods is suspending its stock repurchases and implementing pay cuts for salaried employees amid the COVID-19 outbreak. - 3/25/2020
Global e-commerce transactions to increase 43% during next five years
Global online sales will reach $4.8 trillion by 2024, up from $3.3 trillion in 2020. - 3/25/2020
Canada Goose dedicates manufacturing resources in fight against COVID-19
A luxury outerwear brand is leveraging its own resources to help stop the spread of the coronavirus. - 3/25/2020
ASA and RILA partner to address critical need for retail workers
The American Staffing Association and the Retail Industry Leaders Association are teaming up to address the immediate need to fill openings for workers at essential businesses that provide critical services during the COVID-19 pandemic. - 3/24/2020
Pandora taps H&M veteran to lead retail turnaround
Pandora has appointed Martino Pessina to the newly established role of chief commercial officer, effective April 2. - 3/24/2020
Neiman Marcus reportedly exploring all options — including bankruptcy
Neiman Marcus Group’s struggle to ease its massive debt load has reached a critical stage, compounded by the slowdown in business amid the COVID-19 outbreak. - 3/24/2020
Placer.ai report: A tough outlook for malls
Traffic at the nation’s shopping malls was trending in the wrong direction even before states started issuing stay-at-home orders and closing non-essential retail businesses amid the COVID-19 crisis.