Study: Walmart’s online grocery sales skyrocket in MarchWith an already strong e-commerce presence, Walmart racked up impressive year-over-year online grocery sales growth in March. Parent of Coach, Kate Spade to review store closings bi-weekly; gives China updateTapestry will extend its store closures in North America and Europe by two weeks, through April 24, and will continue to pay employees through that time. Advance Auto Parts boosts benefits, expands delivery options, slashes cap spending Advance Auto Parts Inc. is now offering customers curbside pickup and same-delivery. Expert Analysis: Steps to Take NOW for Addressing the COVID-19 Crisis The unprecedented COVID-19 pandemic has thrust many retailers into unchartered territory. Big Lots raises funds with sale/leaseback agreements for DCs Big Lots Inc. has entered into sale and leaseback agreements on its four company-owned distribution centers. Ulta Beauty, At Home in additional measures to reduce costs; CEOs forgo salaries Ulta Beauty and At Home Group have joined the growing list of retailers who are taking additional measures to shore up their finances and reduce expenses as their stores remain closed during the COVID-19 pandemic. Costco comparable sales up 12.3% in March Costco Wholesale Corp. benefited from a big increase in online demand in March as its sales rose amid the COVID-19 pandemic. Nordstrom: Financial situation could become ‘distressed’ if stores remain dark Nordstrom Inc. gave an update on the impact of COVID-19 in a securities filing on Wednesday. Fitch Ratings: The retailers most vulnerable to current spending downtown include… 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. Starbucks makes $10 million commitment to new employee relief initiative Starbucks Corp. is expanding its efforts to help its employees around the world affected by the COVID-19 crisis. First Previous 348 349 350 351 352 Next Last
