coronavirus

Retail
Sycamore Negotiates To Keep Belk Out Of Chapter 11

KKR & Co., Blackstone Group Inc. and other big lenders to department store chain  are in talks with the retailer and Sycamore to avoid bankruptcy after the Chapter 11 process proved hard to manage for other retailers during the pandemic, the Journal stated, attributing the information to people in the know.

Retail
Bed Bath & Beyond’s 2020 Trials Ready For 2021 Rollout

The COVID-19 pandemic has driven Bed Bath & Beyond to adopt and advance initiatives quicker than it ever intended. However, that has helped the retailer boost its proficiency in developing and applying data and exercising its operational flexibility in application in ways that the company expects has better prepared it to thrive in the year ahead.

Retail
Qurate’s George Cites Retail Achievements In NRF Keynote

In the opening keynote address kicking off the virtual Chapter 1 of the National Retail Federation Big Show, Mike George, president and CEO of Qurate Retail Group and NRF chairman, spotlighted how the retail sector reacted to the COVID-19 pandemic and social turbulence over the past year, emphasizing how the industry worked to improve conditions in communities around the United States.

Retail
Wayfair Boosts Hourly Worker Pay

Effective January 3, Wayfair established a $15 minimum wage for all employees including  full-, part-time and seasonal workers across its operations in the United States, the company has announced.

Retail
Walmart Adds New Gift Shopping Features

This holiday season, Walmart has added new features to make online shopping easier for gift givers, the company announced, including new categories in the Gift Finder tool, new ways to inform customers which items can be sent as a gift and a new eGift Card feature in the Walmart app.

1 2 3 24