Ralph Lauren swings to Q1 loss; accelerates focus on direct-to-consumerRalph Lauren Corp. was hit hard in its first quarter by the COVID-19 pandemic, but it is using the disruption to accelerate its core strategic focus areas. Microsoft works with government in bid to buy TikTok in the U.S.Microsoft is in direct contact with President Trump as it negotiates to buy the business of a popular – and controversial – Chinese social media platform in the U.S. Owner of Men’s Wearhouse files for bankruptcy Tailored Brands, whose store banners include Men’s Wearhouse and Jos.A. Bank, has filed for Chapter 11 bankruptcy protection. Publix sales soar amid pandemic; stock price jumps Publix’s sales in the first half of the year increased an estimated $2.5 billion due to the impact of the COVID-19 pandemic. 7-Eleven expanding store footprint with $21 billion all-cash acquisition 7-Eleven has made the largest acquisition in its history and one of the largest to be announced since the pandemic began. Economic recovery ‘being tested daily,’ says NRF’s chief economist Indicators suggest that the economy has begun to recover as businesses reopen from the pandemic, but it’s uncertain how steadily the comeback will continue. Lord & Taylor files for bankruptcy; looking for new owner The country’s oldest department store retailer has joined the growing list of companies undone by COVID-19. These states are having tax holidays in August According to RetailMeNot, 15 states are suspending sales tax during special events in August. Coldwater Creek calls it quits – at least for now A struggling women’s apparel retailer is closed, although a message on its e-commerce site implies a return is possible. Report: Neiman Marcus may exit bankruptcy by year’s end Neiman Marcus Group has received conditional approval for a reorganization plan that could have it leave Chapter 11 bankruptcy in early December. First Previous 321 322 323 324 325 Next Last
