Report: U.S. retail sales to drop 10.5 % in 2020—with one bright spotThe U.S. retail sector could take years to recover from the impact of COVID-19, and the hit could be worse than that of the Great Recession. Reuters: Sycamore in talks to buy J.C. PenneyPrivate equity firm Sycamore Partners is in early talks to take J.C. Penney out of bankruptcy if the retailer’s negotiations with its creditors fail, reported Reuters. Survey: One in four e-commerce retailers has lost data E-commerce retailers are learning from failures to back up their site data. Victoria’s Secret U.K. division files for protection against creditors The British arm of Victoria's Secret has fallen into administration, which is the equivalent of a bankruptcy proceeding in the U.S. Commentary: Why you need BI analytics for your IT hardware stack Digital transformation is accelerating in retail environments. Here are the 154 Penney stores that will soon close J.C. Penney Co. has identified the first wave of its store closures. Caleres posts Q1 loss; sales at reopened Famous Footwear stores ahead of last year Caleres Inc., whose brands include Famous Footwear, Sam Edelman, Allen Edmonds and more, posted a wider than expected first-quarter loss. Kroger confirms three new locations for next-gen fulfillment centers The Kroger Co. is bringing its leading-edge automated warehouse facilities to three different regions of the U.S. GameStop warns of big sales drop; 30 stores extensively damaged in recent unrest GameStop Corp. said it expects first-quarter sales to drop by as much as a third as the majority of its stores were shuttered due to the pandemic. Brooks Brothers reportedly seeking financing for possible bankruptcy One of the country’s oldest apparel retailers may be moving closer to bankruptcy. First Previous 811 812 813 814 815 Next Last
