Retailers are reopening their doors on a landscape that will be changed forever. There will be a greater gulf between the winners and losers. Retail strategy firm HRC suggests five steps retailers should take to best position themselves for success.
Retail spending improved for the fourth straight week, but much uncertainty still remains as consumers buying habits continue to shift amid the COVID-19 pandemic.
L Brands intends to spin-off its Victoria's Secret business as a standalone company following the termination of its agreement to sell the business to Sycamore Partners.