‘Retail companies are not built to have their stores closed’

‘Retail companies are not built to have their stores closed’

Emanuel “Manny” Chirico, CEO, PVH Scott Mlyn | CNBC With stores closed, the retail industry is struggling with inventory piling up in warehouses and no place to sell it, the head of the company that owns such names as Calvin Klein and Tommy Hilfiger told...
Dollar, discount stores may grow stronger post-coronavirus

Dollar, discount stores may grow stronger post-coronavirus

Dollar General and Dollar Tree are among the retailers that could benefit after the COVID-19 pandemic subsides, JPMorgan analyst Matthew Boss said Thursday.  “Discounters, dollar stores, off-pricers and strong global brands I actually think could emerge stronger...
Walmart to offer rent relief to shops within its stores

Walmart to offer rent relief to shops within its stores

A customer pays for her groceries after shopping at a Walmart store ahead of the Thanksgiving holiday in Chicago. Kamil Krzaczynski | Reuters Walmart said Wednesday that it is offering some help to its small business partners as the coronavirus pandemic forces...
Retailers with shuttered stores push online deals to try to get sales

Retailers with shuttered stores push online deals to try to get sales

Nike, Macy’s and Vineyard Vines are just a few of the companies currently offering decent deals online, to try to stir up some sales as their stores sit dark.  Many retailers are also throwing in free shipping — if they did not already offer it — and extending...