In a plan that frames a phased-in approach to opening retail again, the National Retail Federation (NRF) and the Retail Industry Leaders Association (RILA) debuted a Blueprint for Shopping Safe. The document asks governors to provide uniform and statewide procedures for merchants to use as...
Given the massive and in many cases seismic shifts in the retail landscape because of the coronavirus pandemic, it shouldn’t come as much of a surprise that retail’s shadow side of B2B overstock sales and liquidation is also rapidly shifting. Get the Full Story Complete...
Verizon Communications Inc. said that as most of its stores shuttered following the COVID-19 lockdown, more than 500,000 retail postpaid net losses has led the telecommunications company to withdraw its full-year revenue outlook. Get the Full Story Complete the form to unlock this article and enjoy...
Following a period of lockdown in the nation, Italy’s collection of artisan companies and stationers have begun to reopen their doors. A cautious sense of hope, as well as some uneasiness, exists among business as they slowly return to “normal” commerce, CNBC reported. Get the...
Main Street may not be able to save itself in the aftermath of the COVID-19 crisis. Several small to mid-sized towns and cities were already creating support networks and assistance programs before the crisis, and now they’ve taken on magnified importance. One of those is...
For non-essential retail, once again rent is due and revenue is marginal. This time, as the May leases come due, the financial situation is more desperate and landlords are feeling the pinch as the coronavirus pandemic continues. Get the Full Story Complete the form to...
In the absence of clear federal government direction, retailers are taking reopening guidelines into their own hands. The most notable example comes from Kroger, which shared a COVID-19 reopening playbook for all retailers and supply chain contributors on its website on this week. Get the...
As it tries to restart and reshape its business following a lengthy closure, Pret A Manger is reportedly in discussions to bring in a €100m loan from international banks. The quick-service restaurant chain had started a gradual opening of 10 sites located close to NHS hospitals and...
NBCUniversal, owned by Comcast, will allow consumers to buy products from branded TV advertisements, articles and videos without going to a new website, according to a CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
