Leaders across the retail industry are certain about one thing: The longer this crisis goes on, the more challenges and greater impact it will have on retailers of all sizes, …
Dive Brief: Gap Inc. on Thursday disclosed that this month it stopped paying rent,saving about $115 million per month in North America alone, according to a filing with the Securities …
Kosta Dionisopoulos isn’t a stranger to economic challenges. He launched the D.C.-based wholesale distributor Delta Produce from his garage in 2009 on the heels of the Great Recession. But Dionisopoulos …
As America enters a second month in hibernation, the crushing effects of the covid-19 pandemic on retailing are becoming dramatically apparent. For retailers that do not sell groceries and household …
The titans of the retail industry — Amazon, Walmart, Target and Costco — are poised to come out of the coronavirus crisis even stronger and more formidable than they were before, …
While the COVID-19 pandemic may feel never-ending, it won’t last forever — and brick-and-mortar retailers need to prepare themselves to get back on their feet in a safe, efficient manner. …
Even with most transactions frozen, this can be a good time to talk to customers, experts say. But retailers need to send the right message. Despite the surge of e-commerce …
Coined in 2017 by the founder of China’s e-commerce giant Alibaba, Jack Ma, the concept of ‘new retail’ has proven to be revolutionary. Put simply, it’s about how the consumer’s shopping …
Ever since the start of the COVID-19 outbreak, Walmart WMT has been impressive. Walmart has waived April rent for its in-store tenants, it has speed rushed contactless payment systems into operation, installed …
Labour peer Andrew Adonis urges retailer to repay £585m government support package. Tesco has defended its decision to pay a £635m dividend while accepting a similar-sized tax break from the …