Top Five Priorities for Retail CFOsThe impact of the COVID-19 pandemic on retail has been asymmetrical, with some sectors having their best year and others their worst year. Fitch Ratings: Retail earnings strong in Q1 but expect moderationAfter a strong first quarter for many U.S. retailers, things are likely to moderate going forward. Amazon shutting down Prime Now delivery app Amazon’s super-speedy Prime Now delivery service is getting a new digital home at Amazon. Foot Locker to eliminate Footaction banner; will close, convert stores Foot Locker reported a strong first quarter that beat estimates and said it is repositioning its store fleet to focus on its iconic banners. Saks calling NY workers back to office — vaccines mandatory The days of working from home will end in the fall for Saks’ 500 corporate employees in New York City. Petco swings to profit on pet sector boom; gained 1.2 million new customers in Q1 Petco Health and Wellness Company reported a strong first quarter fueled by the pandemic-related surge in pet adoption and hiked its full-year forecast. Sporting goods retailer Scheels to enter Arizona in a big way Scheels is renovating and expanding a former Nordstrom location for its first-ever store in Arizona. BJ’s Wholesale ramps up growth BJ’s Wholesale Club is accelerating its expansion across the Eastern United States. Google to open its first permanent physical store — in New York City Google is opening up shop in the Big Apple. Aeropostale parent offers ‘buy now, pay later’ at four banners Shoppers at several well-known retail brands can now make flexible online payments in four interest-free installments. Amazon adds mental health to employee health services Amazon is launching a new employee mental health benefit that is accessible in-person or digitally. Walmart goes live with in-store Western Union money transfers Walmart is expanding its financial services portfolio with the official launch of a new partnership with Western Union. First Previous 589 590 591 592 593 Next Last
