H&M fined $41M for tracking workers’ personal lives using company database
H&M has been fined more than $41 million for allegedly tracking hundreds of employees’ personal lives on a company database.
Pandemic pushes start of holiday shopping earlier than ever
Black Friday has long been the unofficial start to the U.S. holiday season, though retailers have been pushing holiday shopping earlier for the last decade or so. This year there’s more urgency.
Mall of America gives free space to businesses affected by pandemic, riots
The largest mall in the United States is opening a dedicated retail space to businesses encumbered by the pandemic and unprecedented civil unrest in the wake of George Floyd’s death.
Upcoming holiday shopping season will smash digital sales records because of coronavirus, forecast says
Global digital sales this upcoming holiday season will increase by 30% and reach all-time highs as consumers who have been staying away from brick-and-mortar stores because of the coronavirus pandemic increasingly turn to the Internet to make their purchases, Salesforce is predicting.
Kohl's cuts 15% of corporate workforce
As retailers continue to struggle during the pandemic, Kohl's announced Tuesday it has cut about 15% of it corporate jobs
Brooks Brothers buyer explains unlikely bet on retail: 'I don't believe the world's going to end'
Authentic Brands Group CEO Jamie Salter and Simon Property Group CEO David Simon have teamed up to buy several iconic retail brands.
Lord & Taylor was once my employer, here are all the things I'll miss
I worked for Lord & Taylor in New York all throughout college
NYC retail rents below $700 for first time since 9/11
Lauren Simonetti on NYC commercial real estate
Brooks Brothers could be saved but it will never be the same
When Brooks Brothers emerges from Chapter 11 bankruptcy and reorganizes under new ownership many of its 250 retail stores will almost certainly vanish in an attempt to cut costs.
Coronavirus prompts Calvin Klein parent PVH to cut jobs, close Heritage Brand stores
All 162 Heritage Brand outlet stores will shut down by mid-2021.
Mall operator ‘pleasantly surprised’ by number of shoppers who came to reopening
Stephen Congel on reopening malls, coronavirus
Store closures lead to some malls converting into apartments
Jeff Flock on trend of living at the mall
Lane Bryant, Ann Taylor owner to file for bankruptcy: Report
Ascena Retail Group, the owner of brands like Lane Bryant and Ann Taylor, is preparing to file for bankruptcy as soon as this week, according to Bloomberg.
Coronavirus hit luxury NYC stores with high rents the hardest: Retail expert
James Famularo on coronavirus-hit retailers
The Gap teaming up with Kanye West is ‘brilliant move’: Former Toys ‘R’ Us CEO
Former Toys ‘R’ Us CEO on coronavirus retail, The Gap, Kanye West
Second-half economic recovery 'has begun': Kevin Hassett
White House senior adviser Kevin Hassett credited the Paycheck Protection Program (PPP) for the quick economic recovery after coronavirus.
Retail sales up 17.7% in May
Cheryl Casone on May retail sales
Buyer’s remorse: Mall deal implodes as virus shakes retail
The Simon Property group has terminated a $3.6 billion deal to buy a major rival and high-end mall owner as the coronavirus pandemic shakes the retail industry.
Neiman Marcus at NYC's Hudson Yards could become office space: Report
Bankrupt Neiman Marcus is considering selling office space in its Hudson Yards location, opened about a year ago, according to a report.
Bankrupt JCPenney, Sycamore Partners in acquisition talks: Report
J.C. Penney is in talks to potentially be bought out of bankruptcy by private equity firm Sycamore Partners, according to Reuters.