Retailers are halting and calling off attire orders as Western shoppers remain in their residences and shops close because of the coronavirus pandemic. The move jeopardizes millions of manufacturing positions in Asia and comes as China exhibits signs of bouncing back from the depths of...
Have you heard about the hottest club in America right now? People are lining up outside to get in, and this place has everything: bright lights, loud blaring music, a fully stocked bar. There might be a wait to get in – reports of lines...
The watchword in retail right now is “essential.” It is a critical issue for many retailers as federal, state and local governments close non-essential businesses and allow essential ones to remain open. Friday (March 20) closed a week that should have clarified the term, but...
Talk about customer loyalty. Wine Insiders celebrates its 38th year as a pioneer in the sale and delivery of wine this month. And its most valuable customer is a 91-year-old woman who has been with them for 37 of those years. Get the Full Story...
Shares in toy company Hasbro rose more than 12 percent on Monday (March 23), as the company shared that it was experiencing strong demand amid the coronavirus pandemic, according to a report by CNBC. Get the Full Story Complete the form to unlock this article...
Amid the public health crisis in the country and the travel vertical, MGM Resorts International said in an announcement that Chief Operating Officer and President Bill Hornbuckle has been appointed to the position of acting chief executive officer and president. Hornbuckle replaces Jim Murren, the...
With the COVID-19 pandemic impacting demand, European and American buyers have called off roughly $1.5 billion of Bangladesh clothing orders. Bangladesh Garment Manufacturers and Exporters Association President Rubana Huq said on LinkedIn that up to 1,089 clothing manufacturing facilities have seen orders become canceled, Bloomberg...
J.Crew Group is dropping the initial public offering (IPO) of its Madewell spinoff brand after creditor negotiations crumbled, Bloomberg reported Friday (March 20), citing sources familiar with the matter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
If one is looking for doom, gloom, destruction or gallows humor, there is a vast menu of sources. The stock market, the unemployment tick-up, the uncertainty, the growing number of coronavirus cases, the concerns about the healthcare system, the small business shutdowns with uncertain futures...
