Office Depot has completed a previously announced feasibility review, and its board of directors approved proceeding with the implementation of a holding company reorganization.
Dollar Tree has reported its comparable sales trends through March 29, with quarter to date comps up 7.1% for namesake stores and up 14.4% for Family Dollar but also with a late moderation of those gains.
Lidl has opened its state-of-the-art regional headquarters and distribution center in Cecil County, Maryland. The new 700,000 square-foot facility will serve as the backbone of Lidl’s regional store network, supplying products to stores in five states.
As Walmart, Sam’s Club and the country continue to deal with the spread of COVID-19, the retailer said it remains focused on the health and safety of its associates. Walmart said it has decided to begin taking the temperatures of its associates as they report to work in stores, clubs and facilities, as well as asking them some basic health screening questions.
After completing a strong fourth quarter and fiscal year, Restoration Hardware is responding to the COVID-19 crisis by adjusting operations including capital spending and deferring executive salaries.
In its ongoing support to slow the spread of COVID-19, Kohl’s is extending the duration of its temporary store closures until further notice. Due to the significant impact to the business, Kohl’s is taking additional actions to strengthen its financial flexibility.
To protect the safety of associates and stockholders through the duration of the coronavirus outbreak, Publix has determined to substantially condense its annual shareholders meeting scheduled for April 14.
Springboard Futures, the new style and consumer trend services firm founded by industry veteran Tom Mirabile, has launched the second segment of its free inaugural style and trend report.
Kroger wants to provide new career opportunities for some 23,500 workers nationwide, including those from the hardest-hit sectors such as restaurants, hotels and food service distributors as part of a plan to hire additional workers over the next several weeks.
The Container Store has provided an update on its response to the evolving COVID-19 pandemic, and has taken measures such as reducing store hours and furloughing a portion of its corporate employees.
Amazon has been dealing with coronavirus complications in its distribution system including, for example, the closure of a New York City fulfillment center in the borough of Queens that had not reopened by press time as the company works to sanitize the facility after a worker tested positive for COVID-19.
Groupon said that Rich Williams is no longer serving as CEO and that Aaron Cooper, Groupon’s president of North America, has been appointed interim CEO by the board of directors. Chief operating officer Steve Krenzer is also no longer serving in his role. Williams and Krenzer will continue as employees of the company.