OfferUp Acquires Letgo, Procures $120 Million Investment As Mobile Marketplaces Merge
OfferUp has acquired fellow mobile marketplace letgo for an undisclosed sum, securing $120 million in funding in the…
News March 25
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Pier 1 Imports Furloughs Nearly Two-Thirds Of Headquarters Staff, Cuts Wages by 20%+
Pier 1 Imports will furlough 65% of its home office staff as the effects of the COVID-19 pandemic…
News March 25Bloomberg: Neiman Marcus Mulling Bankruptcy Filing
[Editor’s Note: This story has been updated with a comment from Neiman Marcus Group] Neiman Marcus has reportedly…
News March 24H&M, GameStop And Nordstrom Reveal Their Plans To Weather COVID-19
As the COVID-19 outbreak’s impact is spreading, additional retailers are sharing their plans to survive the mass store…
News March 24
RTW Retailwinds Promotes Inglis To CEO
RTW Retailwinds, the parent company of women’s fashion retailers New York & Company, Fashion to Figure and Happy…
News March 23Walmart, Target And CVS Boost Pay; Drugstore Chain Plans 50,000 New Hires
Walmart, Target and CVS are building on their worker relief efforts and keeping key positions staffed by offering…
News March 23
Best Buy Closes All Stores, Keeps Curbside Pickup Option For Online Shoppers
After initially keeping its stores open amid high demand for electronics items and appliances such as freezers, refrigerators…
News March 23CVS Opens Drive-Up COVID-19 Testing Site For First Responders
CVS Health has opened its first drive-up coronavirus testing location in Shrewsbury, Mass., where it will test first…
News March 20Kroger, Walmart And Save A Lot Start Mass Hirings For Displaced Workers
The pressure of the coronavirus pandemic is causing an unemployment crisis: 281,000 jobless claims were filed the week…
News March 20Top Stories
