ARTICLES BY THIS AUTHOR
- 3/29/2020
Dollar General gives discount to first responders; employee bonuses
Dollar General Corp. is giving a discount to the folks on the frontlines of fighting the COVID-19 pandemic. - 3/29/2020
Publix offering free rent to tenants in its company-owned centers
The dominant grocer in Florida is offering assistance to some of its neighboring businesses as the COVID-19 pandemic forces them to temporarily close their doors. - 3/29/2020
Ulta Beauty expands store closings; DC workers to get $2-per-hour raise
Ulta Beauty Inc. joined the growing list of retailers whose stores will remain temporarily closed until “it is safe to reopen.” - 3/26/2020
In ‘first-of-its-kind’ order, Modell’s bankruptcy suspended due to COVID-19
The novel coronavirus has had an unexpected result. - 3/26/2020
Starbucks, Krispy Kreme among chains giving free items to front-line responders
Several major chains are stepping up to offer support to healthcare workers during the COVID-19 outbreak. - 3/26/2020
Kroger ramps up hiring — for the second time; onboarding time down to 72 hours
The Kroger Company is doubling down on its hiring efforts. - 3/26/2020
Build-A-Bear Workshop furloughs over 90% of workforce; reduces pay for remaining staff
Build-A-Bear Workshop furloughed the majority of its workforce, with the employees receiving benefits but not “direct compensation,” effective March 29. - 3/26/2020
Lululemon Q4 sales, earnings beat Street but provides no guidance
Lululemon reported a strong fourth quarter, fueled by surging online and men’s sales. - 3/26/2020
Party City extends store closures, taps into credit
Party City Holdco Inc. is extending the temporary shuttering of its stores. - 3/26/2020
Gap Inc. reduces cap expenditures, postpones dividend payment, taps credit line
Gap Inc. has taken “precautionary actions” to strengthen financial flexibility in response to the COVID-19 pandemic. - 3/25/2020
Neiman Marcus, Joann partner to make gear for frontline healthcare workers
In an unlikely partnership, the nation’s premier luxury department store company is teaming up with a leading fabric and craft retailer to help fill part of the immediate need of materials for medical personnel. Gap Inc. has launched a similar effort. - 3/25/2020
U.S. consumer confidence falls to eight-year low
Consumer sentiment in the U.S. has dropped from a near record-high to its lowest level since January 2012.