Finance & Capital Management

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.

J.C. Penney Co. has identified the first wave of its store closures.

Gap Inc. swung to a $932 million net loss in its first quarter as its stores remained dark for much of the period.

Amazon said it will donate $10 million to 11 organizations “working to bring about social justice and improve the lives of Black and African Americans.”

FedEx is the latest delivery provider to apply peak surcharges in response to COVID-19 volume surges.

G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business.  

There are three types of bad actors among retail center tenants not paying rent, said DLC Management Corp. CEO Adam Ifshin.

Retailers who outperform their peers are more likely to see a link between customer-facing employees and sales performance.

The biggest mall owner in the U.S. is suing one of its most important in-line tenants. 

The Michaels Cos. swung to a first-quarter loss and missed bottom and top-line expectations as its stores went dark shuttered temporarily during COVID-19 pandemic.