Industries

Retail

Mall owner Simon Property profit disappoints as pandemic cuts shopping days

Mall owner Simon Property profit disappoints as pandemic cuts shopping days

Source: Reuters
Date of Publication: August 10th, 2020
Simon Property Group Inc (SPG.N) missed Wall Street estimates for quarterly profit on Monday, hurt by unpaid rent from retailers across its U.S. malls who suffered a total loss of 10,500 shopping days due to coronavirus-led lockdowns.
Foot Locker Says Same Store Sales Up 18 Percent Due In Part To Stimulus Checks

Foot Locker Says Same Store Sales Up 18 Percent Due In Part To Stimulus Checks

By: PYMNTS
Source: PYMNTS
Date of Publication: August 10th, 2020
Foot Locker reported comparable store sales increased by 18 percent in the second-quarter ended Aug. 1 as the chain reopened and sales unexpectedly increased — likely due in part to government stimulus checks.
eBay to Match $1 Million in Funds Raised by Sellers Who Donate to COVID-19 Response

eBay to Match $1 Million in Funds Raised by Sellers Who Donate to COVID-19 Response

By: eBay
Source: eBay
Date of Publication: March 31st, 2020
eBay's marketplace will match charitable contributions from US sellers who give a portion of sales to Feeding America, Direct Relief and The Opportunity Fund.
Learn More about Our Operations during COVID-19 -Patagonia

Learn More about Our Operations during COVID-19 -Patagonia

By: Patagonia
Source: Patagonia
An update on Patagonia's current operations and more information about what their customers can expect.
Best Buy Provides Business Update Related to COVID-19

Best Buy Provides Business Update Related to COVID-19

By: Best Buy Co., Inc.
Source: Best Buy Co., Inc.
Date of Publication: April 15th, 2020
Best Buy Co., Inc. announces business updates related to the coronavirus (COVID-19)
Jamie Nordstrom on Navigating Nordstrom Through COVID-19

Jamie Nordstrom on Navigating Nordstrom Through COVID-19

By: David Moin
Source: Yahoo Finance
Date of Publication: August 5th, 2020
Jamie Nordstrom delves into the challenges and changes of operating Nordstrom during the Global Pandemic
RESPONDING TO COVID-19: SERVING CUSTOMERS AND ASSOCIATES WITH ESSENTIAL PRODUCTS AND SERVICES

RESPONDING TO COVID-19: SERVING CUSTOMERS AND ASSOCIATES WITH ESSENTIAL PRODUCTS AND SERVICES - Lowes

By: Lowes
Source: Lowes
Date of Publication: May 5th, 2020
Lowe’s takes preventative measures and invests nearly $600 million in response to coronavirus pandemic
L'Oreal USA could require employees to hand over their medical history to continue working from home — and it may be a sign of what's to come

L'Oreal USA could require employees to hand over their medical history to continue working from home — and it may be a sign of what's to come

By: Shoshy Ciment and Amanda Krause
Source: Business Insider
Date of Publication: August 4th, 2020
L'Oréal US employees who want to work from home are being required to give the company access to their medical history, two current L'Oreal employees confirmed.
J.C. Penney's survival hinges on urgent sale negotiations

J.C. Penney's survival hinges on urgent sale negotiations

By: Mike Spector
Source: Reuters
Date of Publication: August 3rd, 2020
The survival of J.C. Penney Co Inc hangs on whether the department store chain can reach a complex deal within days to sell itself to an alliance of retail mavens and distressed-debt investors.
Tailored Brands files for bankruptcy as pandemic hammers sales

Tailored Brands files for bankruptcy as pandemic hammers sales

Source: Reuters
Date of Publication: August 2nd, 2020
Men’s Wearhouse owner Tailored Brands filed for bankruptcy on Sunday, adding to a list of brick-and-mortar retailers that have succumbed to the economic fallout from the COVID-19 crisis.