ARTICLES BY THIS AUTHOR
- 6/7/2020
ACI: Global online sales up 81% in May amid spending shift; fraud attempts down
Consumers are starting to increase their online spending across traditional retail categories. - 6/7/2020
Gap Inc. to shutter its fledgling men’s activewear brand Hill City
Gap Inc. is shutting down a direct-to-consumer men's performance activewear brand it launched in fall 2018. - 6/7/2020
The top 10 U.S. e-commerce retailers are…
Amazon continues to far outdistance all other U.S. retailers in e-commerce sales, but Walmart and other large retailers are showing increased strength as they pivot online. - 6/7/2020
Report: U.S. retail sales to drop 10.5 % in 2020—with one bright spot
The U.S. retail sector could take years to recover from the impact of COVID-19, and the hit could be worse than that of the Great Recession. - 6/4/2020
Caleres posts Q1 loss; sales at reopened Famous Footwear stores ahead of last year
Caleres Inc., whose brands include Famous Footwear, Sam Edelman, Allen Edmonds and more, posted a wider than expected first-quarter loss. - 6/4/2020
Here are the 154 Penney stores that will soon close
J.C. Penney Co. has identified the first wave of its store closures. - 6/4/2020
Target donates $10 million to social justice, rebuilding efforts
Target Corp. had pledged $10 million to social justice organizations and also to community rebuilding/recovery efforts in the wake of the death of George Floyd in the company’s hometown of Minneapolis. - 6/4/2020
Victoria’s Secret U.K. division files for protection against creditors
The British arm of Victoria's Secret has fallen into administration, which is the equivalent of a bankruptcy proceeding in the U.S. - 6/4/2020
Brooks Brothers reportedly seeking financing for possible bankruptcy
One of the country’s oldest apparel retailers may be moving closer to bankruptcy. - 6/4/2020
GameStop warns of big sales drop; 30 stores extensively damaged in recent unrest
GameStop Corp. said it expects first-quarter sales to drop by as much as a third as the majority of its stores were shuttered due to the pandemic.