Retail

Amazon is going to temporarily cease direct competition with major shipping providers like FedEx and UPS.

Panera Bread has entered the grocery business — sort of.

A Texas-based regional grocery giant is opening its customer base to local food service retailers.

More retail companies are furloughing employees and announcing executive pay cuts — some to greater degrees than others — as stores remain closed indefinitely during the COVID-19 pandemic.

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.

An online grocery delivery giant is increasing delivery availability and reducing wait times as demand surges during the COVID-19 crisis.

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

Large mall owner PREIT girded itself further against the coronavirus shutdown by furloughing 62 employees at its properties and 41 corporate office employees.