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Column

Retail Therapy: Ben & Jerry's new drop is out of this world

The ice cream brand this week unveiled a new flavor, Boots on the Moooo'n, to coincide with the release of the Netflix comedy, "Space Force."

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.

Standard Cognition acquires Checkout Technologies

The purchase gives the autonomous checkout company another way to position itself against Amazon Go.

Opinion

What 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.

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.

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.

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.

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.

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. 

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.

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.

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. 

Deep Dive

Canceled 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.

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."

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.

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. 

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.

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. 

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.

Column

Retail 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.

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.

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.

What the pandemic reveals about e-commerce

As stores were forced to close, digital sales were expected to take over. They've soared, but serious constraints are also now on display.

L Brands to close 250 Victoria's Secret stores

The company reiterated its commitment to separating its lingerie and personal care brands, which presented distinctly different results in the first quarter.