ARTICLES BY THIS AUTHOR
- 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
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
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. - 3/26/2020
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
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
Party City extends store closures, taps into credit
Party City Holdco Inc. is extending the temporary shuttering of its stores. - 3/25/2020
Abercrombie & Fitch U.S. stores closed ‘until further notice,’ draws down credit
Abercrombie & Fitch Co. is reevaluating all expenditures in the wake of the novel coronavirus outbreak. - 3/25/2020
7-Eleven installing sneeze guards
7-Eleven is among the growing ranks of retailers opting to install sneeze guards at its checkout lanes and/or front counters. - 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.