COVID-19

Stein Mart Files For Chapter 11 And Liquidates All Assets

Stein Mart Files For Chapter 11 And Liquidates All Assets

After battling declining revenues for the past several years and recent attempts to sell, discount…

Where Do The Malls Of America Go From Here?

Where Do The Malls Of America Go From Here?

Even prior to the coronavirus pandemic, malls struggled as they were no longer the go-to…

Saks Fifth Avenue Layoffs Confirmed

Saks Fifth Avenue To Layoff Store Employees

Saks Fifth Avenue is planning to lay off an undisclosed number of store employees in…

Wayfair Profits With 84% Spike In Sales

Wayfair Profits With 84% Spike In Sales

As precautionary steps are taken to monitor and prevent the spread of COVID-19 and consumers…

Coronavirus Anxiety Queues Uptick In CBD Sales

Coronavirus Anxiety Queues Uptick In CBD Sales

Since stay-at-home orders were put in place at the start of the coronavirus pandemic, self-care…

Mall Owner Simon And Authentic Brands Make Bid For Brooks Brothers

Mall Owner Simon And Authentic Brands Make $305M Bid For Brooks Brothers

SPARC Group LLC (SPARC), which is partially owned by apparel-licensing firm Authentic Brands Group (ABG),…

Walmart Will Close On Thanksgiving

Walmart Will Close On Thanksgiving Day

Walmart has announced that it will be closing all of its stores in the U.S.…

21 Retail CEOs On Why It's Time For The Nation's Governors To Mandate Masks

21 Retail CEOs On Why It’s Time For The Nation’s Governors To Mandate Masks

While scientific data has proven masks to be effective against the spread of COVID-19, wearing…

New York Governor Cuomo Threatens Closures As NYC Restaurants Violate Social Distancing Rules

New York Governor Cuomo Threatens Closures As Restaurants Violate Social Distancing Rules

New York Governor Andrew Cuomo said that there is “significant evidence,” which suggests that restaurants…

Levi’s Q2 Sales Drop 62 Percent, Plans To Slash 15 Percent Of Corporate Workforce

Levi’s Q2 Sales Drop 62 Percent, Plans To Slash 15 Percent Of Corporate Workforce

Denim retailer Levi’s announced plans to cut 700 non-retail and non-manufacturing jobs, essentially eliminating 15…