Ralph Lauren forgoing salary for full year as more companies announce pay cutsMore retail companies are furloughing employees and announcing executive pay cuts — some to greater degrees than others — as stores remain closed indefinitely during the COVID-19 pandemic. McDonald’s cutting about $1 billion in spendingMcDonald’s is slashing spending and has withdrawn its 2020 outlook and long-term forecast amid the uncertainty due to the COVID-19 pandemic and its impact on the economy. Simon Premium Outlets chief is chosen to lead Tanger Stephen Yalof has joined Tanger Factory Outlet Centers as COO and will succeed Steven B. Tanger as CEO in 2021. Walmart’s annual shareholder meeting going virtual — but without the party The huge, celebrity-studded celebration for Walmart employees that precedes its annual shareholder meeting has been canceled. Lowe’s stores to close for Easter; new ad spot thanks front line responders Lowe's Cos. is giving its employees time to “recharge” this Sunday. Macy’s on hunt for new CFO The finance head of Macy’s Inc. is stepping down. Kroger limits in-store traffic with in-house technology; pilots one-way aisles The Kroger Cos. is taking additional measures to encourage physical distancing and flatten the curve of the COVID-19 outbreak. Walmart limits number of shoppers in stores; instituting one-way aisles Walmart has taken additional steps to ensure the health and safety of its employees and customers during the COVID-19 crisis. Harbinger of the future? Food giant installs walk-through temperature scanners Tyson Foods is using new technology to check employees’ temperature as they walk into the building. Nordstrom adds two retail vets to its board Nordstrom announced the appointment of two new members to its board of directors. First Previous 224 225 226 227 228 Next Last
