Corporate Governance

The COVID-19 pandemic is upending U.S. retail discretionary spending, which is projected to decline by 40% to 50% in the first half of 2020.

Nordstrom Inc. gave an update on the impact of COVID-19 in a securities filing on Wednesday.

McDonald’s is slashing spending and has withdrawn its 2020 outlook and long-term forecast amid the uncertainty due to the COVID-19 pandemic and its impact on the economy.

Amazon is going to temporarily cease direct competition with major shipping providers like FedEx and UPS.

Starbucks Corp. is expanding its efforts to help its employees around the world affected by the COVID-19 crisis. 

Panera Bread has entered the grocery business — sort of.

Douglas A. Greenspan, a real estate veteran with broad experience in bankruptcy and restructuring cases, has joined A&G Real Estate Partners as managing director.

Large mall owner PREIT girded itself further against the coronavirus shutdown by furloughing 62 employees at its properties and 41 corporate office employees.

A Texas-based regional grocery giant is opening its customer base to local food service retailers.

Nike has drawn on its access to materials and expertise in product innovation expertise to develop full-face shields and powered, air-purifying respirator (PAPR) lenses to protect against COVID-19.