Michaels swings to loss amid closed stores; ‘encouraged’ by recent trendsThe 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. Gap posts big loss as sales fall 43% amid pandemicGap Inc. swung to a $932 million net loss in its first quarter as its stores remained dark for much of the period. Kite unpacks re-open program for its centers As more states welcome shut-down retailers back to business, center owners and operators are helping them with new programs for new times. Parent company of New York & Company warns of bankruptcy filing RTW Retailwinds could be the latest retailer to declare bankruptcy amid the COVID-19 pandemic. Express Q1 loss widens; sales down 53% Express Inc. reported a wider-than-expected fiscal first-quarter loss as revenue declined more than forecast amid COVID-19 store closures. Report: Amazon ceases COVID-19 hazard pay Amazon has reportedly ended a temporary $2 pay hike it gave to warehouse employees as an incentive to work during the COVID-19 pandemic. Sears, Kmart stores are doing a slow fade A look at what’s left of the Sears portfolio shows that the troubled retailer’s store footprint is doing a disappearing act. Food Lion to buy 62 Bi-Lo, Harveys Supermarkets stores Food Lion is expanding its Southeast store footprint. American Eagle Outfitters swings to Q1 loss, but now seeing 'pent-up demand' American Eagle Outfitters Inc. reported a wider-than-expected first-quarter loss amid store closures and “aggressive’ inventory liquidation. Analysis: Dick’s likely to face increased competition post-pandemic With most of its stores closed at some point during the first quarter, Dick’s Sporting Goods' net sales plummeted by 30.6%. First Previous 437 438 439 440 441 Next Last
