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Supply chain stressed due to coronavirus

Supply chain stressed due to coronavirus

Dollar Tree CEO Gary Philbin said Wednesday the retailer's supply chains have "been stressed" from a spike in coronavirus-related demand, but he sought to reassure customers that more products are on their way. "As our trucks show up to stores we probably have enough...

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Calvin Klein-parent PVH CEO has ‘a great deal of confidence’ in Macy’s

One day after the Macy's ticker was booted from the S&P 500, the head of a major apparel supplier signaled he has faith in the troubled department chain.Mann Chirico, CEO of PVH, on Wednesday told CNBC's Jim Cramer that he thinks Macy's will be able to make it...

Toast, $5 billion start-up, reeling from coronavirus restaurant impact

A sign hangs on the door of a shuttered restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois.Scott Olson | Getty ImagesWhen the calendar turned to 2020, Toast was one of the hottest names in technology. Shares of the privately held company, which...

Supply chain stressed due to coronavirus

Dollar Tree CEO Gary Philbin said Wednesday the retailer's supply chains have "been stressed" from a spike in coronavirus-related demand, but he sought to reassure customers that more products are on their way. "As our trucks show up to stores we probably have enough...