6/1/2020 With most of its stores closed at some point during the first quarter, Dick’s Sporting Goods' net sales plummeted by 30.6%.
5/31/2020 In less than six months we will be deep into the holidays.
5/28/2020 Brick-and-mortar stores across the country, from Nordstrom to REI, are reopening with limits on customer capacity.
5/28/2020 Looking at Williams-Sonoma’s sales figures you’d hardly know that there had been a major health crisis over the past few months.
5/28/2020 While Nordstrom performed modestly better than many other department stores over the course of the crisis, the overall gap between it and the rest was relatively slight.
5/27/2020 Some retailers suffered terribly during the pandemic; others managed to hold their own.
5/26/2020 Everything is changing rapidly. Retailers need financing that allows them to evolve with the circumstances.
5/21/2020 The COVID-19 pandemic has thrown the United States into a recession.
5/20/2020 Given that all Best Buy’s physical stores were closed for six weeks of the quarter and that it sells mostly bigger ticket discretionary products, a sales decline of 6.3% is nothing short of a remarkable result.
5/19/2020 The economic impact COVID-19 is having on physical stores is unprecedented, as more than 250,000 locations across the U.S. have either temporarily or entirely closed since March.
5/19/2020 An excellent performance from Lowe’s saw sales increase by 10.9% on a total basis and by 11.2% in comparable terms.