News

Study: Online channel likely to benefit long-term from COVID-19
It has only been a few weeks, but the COVID-19 pandemic is already making many consumers more likely to shop online.
Tailored Brands resumes online fulfillment, will manufacture masks
The parent company of Men’s Wearhouse and Jos. A. Banks has reopened its e-commerce fulfillment centers and begun shipping online orders.

Macy’s leaving S&P 500 Index

Macy’s Inc. is being removed from the S&P 500 Index to make way for Carrier Global Corp.
Office Depot supplies customers with same-day delivery

Office Depot Inc. is partnering with two leading same-day delivery platforms as remote work surges.
AWS enables intelligent security investigations

Amazon Web Services (AWS) is applying artificial intelligence to help users discover the root cause of security incidents.
Kroger’s same-store March sales up 30%; costs up amid increased investments

The Kroger Co. maintained its first-quarter guidance and reported a 30% increase in March same-store sales, with surging demand in the middle of the month amid the COVID-19 outbreak.
Loblaw, Breuninger support online shift with cloud technology

A Canadian grocer and German department store retailer are leveraging Google Cloud resources on the front and back ends of the enterprise.
Walmart to take employees’ temperatures as part of stepped up safety measures

Walmart Inc. is taking additional steps to ensure the safety of its workers and customers during the COVID-19 pandemic, from taking the temperature of workers to one-way store aisles.
David’s Bridal, Guess?, Christopher & Banks furloughing employees, cutting expenses

More retailers are furloughing employees and taking other measures to shore up liquidity as they extend store closings amid the COVID-19 crisis.
ICSC’s McGee asks Congress to create fund for ailing retail businesses

International Council of Shopping Centers president Tom McGee has urged Congress to pass a recovery fund bill for businesses debilitated by the coronavirus pandemic.