FINANCE

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

Pier 1 Imports might soon become a shadow of its former self.

Citing the “acute shock” to its business resulting from COVID-19, Under Armour outlined a series of cost-cutting measures as the financial toll of the pandemic rises.

Chicos’s FAS Inc. is the second retailer in recent days to adopt a limited duration shareholders rights plan after disruptions due to COVID-19 pandemic.

Only 2% of retailers expect business to go back to normal in less than one month.

Walgreens Boots Alliance provided an early look at the impact of COVID-19 on the drugstore industry during its second-quarter earnings call with analysts.

Ross Stores is taking additional steps to cope with the COVID-19 pandemic.