Election 2024How We SurviveOffice PoliticsI've Always Wondered ...My Economy

Loading...

0:00
0% played
Stories Tagged as

Retail

COVID-19

REI wants to sell its new headquarters before it moves in

by Andy Uhler
Aug 13, 2020
While retail employees need to be in stores, others don't have to work from an office to be productive.
Ben Steele, REI's chief customer officer, at the outfitter's Seattle flagship store in 2015. REI has abandoned plans to move into its new headquarters during the pandemic.
Suzi Pratt/Getty Images for REI
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

As big department stores struggle, other mall tenants falter, too

by Erika Beras
Aug 10, 2020
Malls were already having a tough time before COVID-19 with the rise in online shopping. The pandemic accelerated those e-commerce trends.
When malls start to lose retailers, it hurts all of the other tenants still there like movie theaters, restaurants and more.
Al Bello/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

Pharmacies are playing a bigger role in local retail during the pandemic

by Erika Beras
Aug 5, 2020
They're more and more becoming one-stop shops for people who want to consolidate shopping trips.
About 23 1/2 million Americans don’t live that close to grocery stores, but most people do live within 5 miles of a Walgreens or CVS.
Kena Betancur/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

The pandemic is shrinking the market for officewear

by Marielle Segarra
Aug 3, 2020
Tailored Brands and Lord & Taylor join list of retail brands that filed for bankruptcy. There is little need for business attire when offices are empty.
A professionally dressed worker walks in London. Fewer people are working in offices, so business apparel remains in closets.
Dan Kitwood/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

As COVID-19 cases spike, retail enters a new normal

by Marielle Segarra
Jul 9, 2020
Retailers are coming to terms with the fact that this virus is going to be with us for a long time.
Shoppers at a reopened Texas mall in May. The current surge in coronavirus cases is bringing new woes to retailers.
Mark Felix/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

As J.C. Penney liquidates merchandise, other retailers scramble to compete

by Andy Uhler
Jun 24, 2020
Department stores have to move inventory quickly, and that can be tough if there's a liquidation sale going on next door.
J.C. Penney filed for bankruptcy in May.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

COVID-19 pushes business bankruptcies higher in an already tough year

by Sabri Ben-Achour
Jun 19, 2020
The government support provided at the beginning of the pandemic was meant to be temporary, but companies are still suffering.
A "Store Closing" sign on a Pier 1 in Chicago.
Scott Olson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate
COVID-19

Long lines at London stores mark reopenings after COVID-19 lockdown

by Victoria Craig and Stephen Ryan
Jun 15, 2020
Nonessential businesses across England are opening their doors to shoppers for the first time since March.
With nonessential stores reopening in England on Monday, people will have to get used to shopping in the age of the coronavirus.
Matthew Chattle/Barcroft Media via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

Sephora's reopening offers a glimpse into pandemic-era beauty retail

by Marielle Segarra
May 21, 2020
What is Sephora without the makeup testing stations and facials?
A Sephora store in Chicago. The beauty chain will reopen Friday, but the in-store experience will be different.
Scott Olson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
COVID-19

J.C. Penney joins ranks of major retailers filing for bankruptcy

by Jasmine Garsd
May 18, 2020
Experts say these companies were already in trouble before the pandemic.
Retail watchers say J.C. Penney won't be the last company to see this kind of financial trouble during the pandemic.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE