Corporate Governance

Stage Stores furloughs all but 80 employees; reduces exec pay

With all its stores temporarily closed, Stage Stores has furloughed virtually its entire workforce in response to the COVID-19 crisis.
Dollar General gives discount to first responders; employee bonuses

Dollar General Corp. is giving a discount to the folks on the frontlines of fighting the COVID-19 pandemic.
Gap Inc. furloughs store employees; exec team takes pay cut

Gap Inc. is extending its store closures past the previously announced April 1 date to help slow the spread of COVID-19.
Kohl’s furloughs store employees; CEO forgoing salary; cuts cap expenditures

Kohl’s is joining Macy's Inc. in furloughing a good deal of its workforce and cutting capital expenditures as it extends store closings in the wake of the COVID-19 outbreak.
Instacart creates its own hand sanitizer for shoppers

An on-demand grocery delivery giant is increasing its focus on the well-being and income of its shoppers.
Lamy Group: Rents coming due pose critical test for landlords and tenants

With most stores closed throughout much of the United States to help stem the spread of COVID-19, retail landlords are being inundated with requests for rent relief.
Ulta Beauty expands store closings; DC workers to get $2-per-hour raise

Ulta Beauty Inc. joined the growing list of retailers whose stores will remain temporarily closed until “it is safe to reopen.”
Hibbett Sports names CFO

Hibbett Sports has found a permanent finance head.

ICSC wants 90-day restraint on commercial loan obligations underlying industry