Expert Insight: How do Luxury Brands Recover? Make the Customer Experience KingThe global impact of the COVID-19 pandemic has dominated 2020, with luxury brand retailers taking a particularly hard hit. Apple to re-close 30 more stores across seven statesApple is re-closing more stores, including 15 in California, in states where COVID-19 is surging. Chicken Salad Chick continues expansion in new markets Chicken Salad Chick is expanding in Illinois. Amazon will spend over $500 million thanking frontline workers for June service Amazon frontline employees who worked during June 2020 will receive a “thank you” bonus of up to $3,000, depending on their role. Lowe’s providing another bonus to employees Lowe's Cos. is increasing its spending on employees during the COVID-19 pandemic. Macy’s slashes corporate, management jobs in restructuring due to COVID-19 Macy's Inc. is reducing its huge workforce by about 3% in a restructuring move to cut costs as its business looks to recover from the impact of the COVID-19 pandemic. PriceSmart in store expansion PriceSmart keeps expanding its portfolio. Restaurant chain popular with young kids files for bankruptcy The parent company of Chuck E. Cheese has filed for Chapter 11 bankruptcy protection, citing the “financial strain” of COVID-19. Liquidation sales resume at Modell’s Sporting Goods Modell’s Sporting Goods has reopened its stores for a short while before closing them permanently. California center owners sue Michaels and Red Lobster for not paying rent Owners of two shopping centers in Salinas, Calif., say they’ve made COVID-19-related rental agreements with all but two of their 80-plus tenants. First Previous 204 205 206 207 208 Next Last
