Stage Stores furloughs all but 80 employees; reduces exec payWith all its stores temporarily closed, Stage Stores has furloughed virtually its entire workforce in response to the COVID-19 crisis. Ulta Beauty expands store closings; DC workers to get $2-per-hour raiseUlta Beauty Inc. joined the growing list of retailers whose stores will remain temporarily closed until “it is safe to reopen.” 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. 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. In ‘first-of-its-kind’ order, Modell’s bankruptcy suspended due to COVID-19 The novel coronavirus has had an unexpected result. Party City extends store closures, taps into credit Party City Holdco Inc. is extending the temporary shuttering of its stores. Lululemon Q4 sales, earnings beat Street but provides no guidance Lululemon reported a strong fourth quarter, fueled by surging online and men’s sales. Coach parent extends store closures, employee pay; cutting costs Tapestry is keeping its store doors closed for another two weeks, at least. Groupon CEO, COO out Groupon is on the hunt for a new chief executive. Nordstrom furloughs some corporate workers; extends store closures The Nordstrom brothers are declining to take a salary from April through September. First Previous 463 464 465 466 467 Next Last
