As retail sales fell with increasing social-distancing policies and travel limitations , companies and retail stores in Hong Kong snapped under the COVID-19 outbreak last month. Retail sales fell 44 percent in the month to $2.93 billion, which marks the biggest drop on record, Bloomberg...
While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research from automotive digital solutions provider Cars.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
If there’s any industry that has been slow to transition online, it’s antiques. It’s the nature of the business that before someone spends a fair amount of discretionary income on a painting, jewelry box or grandfather clock, they typically want to see and touch it...
Non-essential retail needs help from the federal government and it doesn’t look like its coming. That’s the prevailing sentiment as all signs point to the preparation of a new stimulus bill in Congress. Get the Full Story Complete the form to unlock this article and...
Amid lengthened measures to keep COVID-19 from spreading, some of the country’s biggest retail chains have been forced to put workers on a leave of absence. Staffers at companies including Gap, Macy’s and Kohl’s have been notified that they would be laid off for a...
The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it through, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article...
A new feature on restaurant reservation platform OpenTable will allow people to reserve grocery shopping times in the same way they reserve times to eat at a restaurant, according to a report by The Verge. Get the Full Story Complete the form to unlock this...
After closing its stores earlier this month because of the coronavirus pandemic, luxury fashion retailer Neiman Marcus will now have to furlough some of its workers until further notice, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...
Department store Macy’s will be forced to furlough most of its employees this week as the coronavirus pandemic continues to close hundreds of stores across the U.S., according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock...
