Michaels swings to loss amid closed stores; ‘encouraged’ by recent trendsThe Michaels Cos. swung to a first-quarter loss and missed bottom and top-line expectations as its stores went dark shuttered temporarily during COVID-19 pandemic. Chain Store Age May/June issue: Shopping Centers Take on COVID-19Shopping center experts weigh in on the pandemic that shuttered centers and how they think the next few months will play out in the May/June issue of Chain Store Age. Kite unpacks re-open program for its centers As more states welcome shut-down retailers back to business, center owners and operators are helping them with new programs for new times. Parent company of New York & Company warns of bankruptcy filing RTW Retailwinds could be the latest retailer to declare bankruptcy amid the COVID-19 pandemic. Sears, Kmart stores are doing a slow fade A look at what’s left of the Sears portfolio shows that the troubled retailer’s store footprint is doing a disappearing act. Walmart temporarily removes guns, ammunition from display amid protests Walmart has temporarily shifted some merchandise off the sales floor. Report: Amazon ceases COVID-19 hazard pay Amazon has reportedly ended a temporary $2 pay hike it gave to warehouse employees as an incentive to work during the COVID-19 pandemic. American Eagle Outfitters swings to Q1 loss, but now seeing 'pent-up demand' American Eagle Outfitters Inc. reported a wider-than-expected first-quarter loss amid store closures and “aggressive’ inventory liquidation. Amazon expands its air cargo fleet and on-the ground ops Amazon keeps expanding its delivery capabilities by growing its aircraft fleet. Express Q1 loss widens; sales down 53% Express Inc. reported a wider-than-expected fiscal first-quarter loss as revenue declined more than forecast amid COVID-19 store closures. First Previous 665 666 667 668 669 Next Last
