Parent company of Kay’s Jewelers, Zales, Jared to close about 400 stores this yearThe world’s largest retailer of diamond jewelry is downsizing its store portfolio as it accelerates its emphasis on e-commerce. Deloitte: Three steps to surviving the COVID-19 recessionDeloitte recommends retailers seeking to successfully reopen stores focus on trust, the role of the store, and operating models. Report: 20,000-plus stores will close in 2020, mostly in malls A new report from Coresight Research predicts that 20,000 to 25,000 stores will close in the United States this year. Macy’s reopened stores doing better than expected; looks to holiday Macy’s sounded a confident note in its preliminary sales and earnings results for the first quarter as COVID-19 restrictions loosen and customers start to return to its stores. Best Buy expects to have 800 stores open by June 15 — with no appointment needed Best Buy Corp. is dropping the shop-by-appointment model it put in place in its first wave of store reopenings. Non-profit in pilot program to help grocers go green A new pilot program is designed to help grocery stores offset the upfront costs of natural refrigerant technologies. NEST donating $70,000-plus to local charities NEST is donating to local charities and is asking its customers to select the beneficiaries. Report: Amazon plans fulfillment center in Boston Amazon will reportedly redevelop a 96,000-sq.-ft. facility in Boston into a last-mile delivery hub. Dunkin’ goes on big hiring initiative Dunkin’ is launching its first-ever advertising campaign focused on employee recruitment. Amazon moves to combat fraudulent marketing schemes Amazon is filing lawsuits in three states to protect customers from bogus emails and phone calls. First Previous 713 714 715 716 717 Next Last
