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 …
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 …
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 …
With the foodservice sector hit hard by the coronavirus pandemic, Texas grocer H-E-B is helping out local restaurants by selling their meals in its stores. Under a pilot program, H-E-B …
Macy’s, Gap, Kohl’s and Neiman Marcus are together furloughing more than a quarter of a million retail workers nationwide as the impact of COVID-19 on the nation’s day-to-day economy both …
Like many, I first want to say how proud I am to be associated with the retail food industry. The efforts on the part of everyone in the industry to …
Dive Brief: With their physical locations likely shut for several more weeks due to the COVID-19 pandemic, department stores have just five to eight months, depending on their situation, before …
Nike anticipates its digital tech investments will help it weather the storm the coronavirus is pummeling upon retail worldwide. The company temporarily shuttered all of its U.S. stores earlier this month. …
Shoppers are not intentionally buying in bulk due to the coronavirus outbreak, but they are making more trips to the supermarket. New data from Kantar shows extra demand in supermarkets …
Argent says it wants to support tenants such as Waitrose and Nike hit by coronavirus slowdown. The landlord of London’s King’s Cross development is to waive rent for three months, in …
Morrisons has introduced a range of measures to support its staff and customers during the coronavirus outbreak. The supermarket will be expanding its home delivery service by making more delivery …