Abercrombie & Fitch U.S. stores closed ‘until further notice,’ draws down creditAbercrombie & Fitch Co. is reevaluating all expenditures in the wake of the novel coronavirus outbreak. A look at the economic stimulus packageWith the Senate unanimously approving the $2.2 trillion economic stimulus package – the Coronavirus Aid, Relief, and Economic Security (CARES) Act — the legislation heads to the House of Representatives on March 27 and then President Trump’s desk. Tailored Brands furloughs all U.S. store workers, extends closures, cuts exec pay The parent company of Men’s Wearhouse and Jos. A. Banks, is extending the temporary closure of its stores for several more weeks. Kroger debuts pickup-only store Kroger is responding to increased customer demand for in-store pickup of orders as the COVID-19 pandemic continues. Lowe’s hiring 30,000; giving out bonuses; takes new store safety measures Lowe’s is taking new preventative measures and announced an additional $80 million commitment in response to the coronavirus pandemic. CSA Exclusive: Labor productivity boosts enterprise performance By automating labor management, retailers can dramatically improve front- and back-end operations. Groupon CEO, COO out Groupon is on the hunt for a new chief executive. Shipt extends hiring spree to new markets A Target-owned online grocery service continues to add temporary employees in response to elevated consumer demand. Walmart offers rent relief to in-store business partners Walmart Inc. is offering financial assistance to the small businesses that operate shops inside Walmart and Sam’s Club locations. Dick’s Sporting Goods CEO, president to defer salaries amid exec pay cuts Dick’s Sporting Goods is suspending its stock repurchases and implementing pay cuts for salaried employees amid the COVID-19 outbreak. First Previous 1381 1382 1383 1384 1385 Next Last
