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. CSA Exclusive: Grocers should prepare for a new, online-focused normalAccording to the CEO of digital grocer Farmstead, changes to consumer behavior that occurred during COVID-19 will continue after the pandemic ends. Tuesday Morning secures loan as part of bankruptcy proceedings Tuesday Morning Corp. is partnering with B. Riley Financial to help support the retailer’s reorganization through bankruptcy. Costco sales rise in May; online jumps 106.2% After a disappointing April, Costco Wholesale Corp. returned to form sales-wise in May. Amazon expands its air cargo fleet and on-the ground ops Amazon keeps expanding its delivery capabilities by growing its aircraft fleet. 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. Chain Store Age May/June issue: Shopping Centers Take on COVID-19 Shopping 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. 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. Walmart temporarily removes guns, ammunition from display amid protests Walmart has temporarily shifted some merchandise off the sales floor. 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. Food Lion to buy 62 Bi-Lo, Harveys Supermarkets stores Food Lion is expanding its Southeast store footprint. King Arthur Flour crowns new digital customer experience as online sales grow The country’s oldest flour brand is meeting increased consumer demand for flour with an enhanced direct-to-consumer (D2C) platform. First Previous 1751 1752 1753 1754 1755 Next Last
