ARTICLES BY THIS AUTHOR
- 4/22/2020
Target seeing ‘record-setting’ digital growth; extends wage hike until May 30
Target Corp.’s comparable online sales in April are up by more than 275% as Americans hunker down at home. - 4/22/2020
Gap stops paying rents; issues warning
Gap Inc. has suspended rent payments and said that, if unable to change lease terms, it could be deemed to be in default. - 4/22/2020
Walmart to help neighbors shop for each other during pandemic
Walmart is teaming up with a neighborhood-based social networking service to make it easier for neighbors to buy goods for each other during the COVID-19 pandemic. - 4/22/2020
Lowe’s debuts new ads during NFL draft
Other companies may be pulling back on advertising but not Lowe’s, whose stores remain open as “essential” retail during the COVID-19 pandemic. - 4/22/2020
Macy’s Blue Mercury beauty store division on the block, according to report
Macy’s Inc. is reportedly looking to unload its 171-store Blue Mercury beauty business. - 4/21/2020
Kroger releases ‘blueprint’ to help retailers, other businesses reopen safely
The Kroger Co. is taking the lead in offering guidance to retailers, restaurants, logistics and distribution centers and other industries to consider as they start to consider re-opening their facilities. - 4/21/2020
Gordon Brothers acquires Laura Ashley out of administration
Laura Ashley, the British lifestyle brand once beloved for its floral print fashions, fragrances and housewares, has been acquired by a U.S.-based advisory, restructuring, and investment firm. - 4/21/2020
Macy’s reportedly weighs raising billions in debt to get though pandemic crisis
The nation’s largest department store company is considering taking on a considerable amount of debt to help it weather the financial crisis brought on by the COVID-19 crisis. - 4/21/2020
Casper shutting down European ops, cutting staff; CFO/COO leaving
Casper Sleep Inc. announced more cost reductions amid the COVID-19 pandemic including a workforce restructuring and a wind-down of its European operations. - 4/21/2020
Shoppers can use employee badges to pay at 7-Eleven’s new hospital pop-up store
The world's largest convenience store retailer has teamed up with a leading pediatric health care system in Texas to bring essentials to healthcare workers and patient families during the COVID-19 pandemic.