News

Study: New C-suite position needed to deal with health, safety
Retail and restaurant companies must take an aggressive, multifaceted approach to health and safety.
HanesBrands taps former Walmart chief merchant as CEO
HanesBrands Inc. has ended its search for a new chief executive.

Macy’s reopened stores doing better than expected; looks to holiday

Macy’s sounded a confident note in its preliminary sales and earnings results for the first quarter as COVID-19 restrictions loosen and customers start to return to its stores.
Best Buy expects to have 800 stores open by June 15 — with no appointment needed

Best Buy Corp. is dropping the shop-by-appointment model it put in place in its first wave of store reopenings.
Shifting U.S. consumer behavior in the face of COVID-19

COVID-19 has forced many U.S. consumers to alter their shopping preferences. Consumers are now finding themselves shopping with what is available versus what is preferred.
Amazon moves toward full COVID-19 screening in warehouses

Amazon is reportedly preparing to test all fulfillment facility workers for COVID-19 every two weeks.
Deloitte: Three steps to surviving the COVID-19 recession

Deloitte recommends retailers seeking to successfully reopen stores focus on trust, the role of the store, and operating models.
Survey: Customers take care of themselves during pandemic

Top online categories during the COVID-19 crisis include personal care products.
Report: Amazon plans fulfillment center in Boston

Amazon will reportedly redevelop a 96,000-sq.-ft. facility in Boston into a last-mile delivery hub.
Parent company of Kay’s Jewelers, Zales, Jared to close about 400 stores this year

The world’s largest retailer of diamond jewelry is downsizing its store portfolio as it accelerates its emphasis on e-commerce.