The Latest
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Photo illustration by Kendall Davis/Retail Dive; photograph by ozgurdonmaz via Getty Images
Tracking retail's response to the coronavirus
Retailers across the country have started to reopen stores where state and local requirements allow, with some chains close to fully operational.
UPDATED: May 29, 2020 at 1:09 p.m. -
Cara Salpini for Retail Dive
Does the coronavirus outbreak change who's on top in the beauty space?
Sephora and Ulta usually reign, but temporary store closures have kept their doors shut and put growth plans on the back burner.
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Rethinking the catwalk could slow down fast fashion
A movement to tear up the traditional fashion week calendar has profound implications for the apparel trade — and beyond.
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Daphne Howland/Retail Dive
OpinionWhat will bring consumers back to brick-and-mortar stores?
Post-pandemic, the retailers that reopen without making major changes to how they do business could lose out, writes Consumers in Motion's Daniel Hodges.
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Kendall Davis for Retail Dive
Podcast
The Backroom: How the coronavirus sped up retail bankruptcies
On this episode of the podcast, senior reporters Daphne Howland and Ben Unglesbee discuss how the pandemic pushed distressed retailers to file.
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Courtesy of Otrium
Otrium raises $26.4M to sell end-of-season fashion
As retailers deal with inventory pileup, investors are betting on the platform's ability to help brands sell leftover product.
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Standard Cognition acquires Checkout Technologies
The purchase gives the autonomous checkout company another way to position itself against Amazon Go.
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Daphne Howland/Retail Dive
Fitch downgrades Macy's on pandemic fallout into next year
The department store has decent liquidity, but analysts expect sales to remain under pressure into the holidays as the outbreak weakens consumer spending.
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Courtesy of Perfect Corp.
Benefit Cosmetics brings AR try-on to WeChat
Beauty shoppers on mobile can sample eyebrow shapes before booking an appointment at a Benefit BrowBar, where a stylist will help to recreate the look.
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Deep Dive
6 strategies for grocers preparing for the new e-commerce future
Experts share insights into how food retailers can retool their online operations in response to the pandemic.
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"Tuesday Morning at the Sunset Esplanade in w:Hillsboro, Oregon." by M.O. Stevens is licensed under CC BY 4.0
Tuesday Morning files for bankruptcy with plans to close a third of its stores
The off-price retailer cited COVID-19 as an "insurmountable financial hurdle" that forced it into Chapter 11, though its struggles go back further.
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J. Crew wins court approval for rent relief
The order allows the retailer to avoid $23 million in rent payments, a move landlords objected to.
UPDATED: May 27, 2020 at 10:45 a.m. -
Deep Dive
Will anyone save Stage Stores from retail oblivion?
An all-in bet on off-price was derailed by a holiday miss and then the pandemic. If no one steps in to buy the retailer, it is destined for liquidation.
UPDATED: May 26, 2020 at 2:40 a.m. -
Courtesy of Patrick Pfohl, Manager, GOLIN on behalf of Walmart
Walmart joins long line of retailers partnering with resale site ThredUp
The retail giant is selling the secondhand goods only online but will take returns in stores.
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Saks owner balks at lawsuit alleging a 'clandestine corporate shell game'
With the Canadian retail company behind on mortgage payments, lenders allege its internal restructuring raises risks to repayment on a major loan.
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Yujin Kim/Retail Dive
Deep DiveCanceled orders, delayed payments: How supplier collaboration could reverse apparel's nose dive
Stakeholders envision a future of shorter lead times, data-driven planning and cooperation with vendors.
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J.C. Penney unveils new home brand
The bedding collection launch comes just days after the retailer filed for Chapter 11 and announced plans to "offer compelling merchandise."
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Financial anxiety persists as health concerns ease
More U.S. consumers feel safe going to the store, and are spending on wants as well as needs. But many also worry about losing their jobs, Deloitte found.
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5 retail deals that have collapsed in 2020 (so far)
Some retailers' problems can be traced back to last year. A global health crisis was just the accelerator to things falling apart.
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TJX, Ross weather the storm in Q1
Sales and profits plummeted at both off-pricers, but they're already staging a comeback, with unique advantages going forward, analysts say.
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Apparel's pandemic 'shock' will be felt into 2021, Moody's says
The COVID-19 crisis will tip distressed clothing and footwear retailers into default and "challenge the rest," analysts said in a recent report.
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Courtesy of Scandit
Scandit secures $80M in funding as COVID-19 drives demand for contactless mobile tech
Areas like click and collect are booming, pushing retailers and supply chain companies to invest in tech that can meet demand in a safe manner.
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Retrieved from E.l.f on May 22, 2020
ColumnRetail Therapy: Chipotle, American Eagle reimagine Prom night
To coincide with a prom afterparty, the fast-casual chain teamed up with cosmetics brand E.l.f to release a makeup line inspired by its burrito.
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Courtesy of Instacart
Instacart rolls out in-app safety features for workers
The grocery delivery service has faced recent backlash about maintaining safety amid surging demand caused by COVID-19.
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Daphne Howland/Retail Dive
Macy's Q1 loss could top $1B
The department store badly needs to reopen, and that has begun. But with so many mall locations and wary consumers, results could remain weak.
