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Simon Calls Off Merger With Taubman, Citing Impact Of COVID-19
Simon Property Group has terminated its proposed merger agreement with Taubman Centers. Simon also has filed an action…
News June 10Starbucks Could Lose $3.2 Billion To COVID-19, But It Will Forge Ahead With More Pickup Options
Starbucks expects a revenue loss as high as $3.2 billion for Q3 2020 due to the COVID-19 pandemic,…
News June 10
Fitz Frames Uses App-Based Facial Mapping, 3D Printing To Refocus Eyewear Retail
Heidi Hertel was a mom of three whose daughters needed eyeglasses, but she found the process frustrating. Kids’…
Features June 10Macy’s Projects 45% Q1 Sales Drop, Secures $4.5 Billion To Maintain Liquidity During Recovery
Macy’s reported a preliminary Q1 2020 sales decline of 45%, to $3 billion, but the retailer expects to…
News June 10
The Looming Spike In Returns Abuse
Consumer-friendly and flexible return policies can be the difference between getting a new customer and losing a sale. …
Executive Viewpoints June 10Klarna Launches Global Multi-Retailer Loyalty Program
Klarna, a buy now/pay later payments provider, has introduced the Vibe loyalty program. The no-fee offering will roll…
News June 9Walmart Pledges $100 Million To Create Racial Equity Center
Responding to the mass protests that have been catalyzed by the death of George Floyd in police custody,…
News June 9
G-III Apparel Closes All Wilsons Leather And G.H. Bass Stores In Shift Toward Wholesale
G-III Apparel Group will close all 110 Wilsons Leather and 89 G.H. Bass stores, as part of a…
News June 9
Your Frontline Will Make Or Break Your Retail Restoration Plan
It has never been harder to be a frontline employee. Associates have to take extra precautions to protect…
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