Brooks Brothers files for bankruptcyOne of the country’s oldest and most iconic retailers is looking for a buyer. Levi’s Q2 sales fall 62%; cutting 15% of corporate workforceLevi Strauss & Co. swung to a second-quarter loss as its stores and most wholesale doors were closed for most of the period due to the COVID-19 pandemic. Gap in new B2B business: making masks Gap Inc. is going national with a new business-to-business division selling face masks. Retail inventory valuations bounced back during re-openings Retail inventory valuations bounced back quickly to surprising health levels quickly in May and June. Sally Beauty sees ‘strong’ demand in reopened stores Sally Beauty Holdings is encouraged by initial results for its fiscal third quarter. Lucky Brand files for bankruptcy with plan to sell itself Lucky Brand Dungarees is hoping that a new owner will help revive its sagging fortunes. Uber acquires Postmates for $2.65 billion The U.S. on-demand food delivery market has seen its second mega-merger in less than a month. U.S. e-commerce to grow 18% in 2020, according to eMarketer Online sales growth is set for another big gain this year, boosted by the COVID-19 pandemic. NRF Chief Economist: ‘The recovery will be slow’ While the recession brought on by the COVID-19 pandemic may already be easy, don’t expect a fast recovery. Parent company of Men’s Wearhouse misses interest payment Tailored Brands Inc. has been given some — but not much — breathing room as it struggles to manage its debt amid the COVID-19 pandemic. First Previous 249 250 251 252 253 Next Last