H&M anticipates 'tens of thousands' of layoffs

The apparel retailer stated that temporary store closures and lower demand has "had significant negative impact on sales so far in March." 

By Kaarin Moore • March 24, 2020

GNC downgraded after saying it probably can't pay its debt

S&P analysts said that the coronavirus pandemic, economic downturn and squeezed credit markets are weighing on the supplement retailer.

By Ben Unglesbee • March 24, 2020

How small retailers are coping with the pandemic

Local stores are closing, without the financial cushions enjoyed by their larger rivals, and face even more unknowns in a post-COVID-19 future.

By Daphne Howland • March 23, 2020

Casper's quarterly loss narrows after public debut

However, the mattress brand provided weaker than anticipated first quarter earnings guidance as a result of the evolving situation around COVID-19.

By Caroline Jansen • March 23, 2020

Joann downgraded as pandemic disruption looms

The crafting retailer joins Party City in getting downgraded into C-territory from S&P as COVID-19 takes its toll on sales.

By Ben Unglesbee • March 23, 2020

RTW Retailwinds taps new CEO from within

Traci Inglis arrived from TechStyle Fashion Group last June as chief marketing and customer officer and succeeds Gregory Scott.

By Daphne Howland • March 20, 2020

Walmart to add another 50K employees, require associates to wear masks

After hiring 5,000 people a day in recent weeks, the big-box retailer plans another surge of new associates as it races to meet demand.

By Kaarin Moore , Ben Unglesbee • Updated April 20, 2020

Party City downgraded on weak sales, coronavirus disruption

S&P pushed the retailer into C-level territory, citing declines in Q4 and "significant headwinds" from the pandemic gripping the U.S.

By Ben Unglesbee • March 20, 2020

Facebook announces $100M in grants to small businesses impacted by COVID-19

The social media company is working to provide some relief in response to the global pandemic. 

By Tatiana Walk-Morris • March 19, 2020

LVMH reiterates Tiffany takeover plans

The luxury company said, contrary to rumors, it won't buy the jeweler's shares on the open market but will instead stick to their agreement.

By Daphne Howland • Updated March 23, 2020

NRF pushes government to come to retail's aid

The group appealed to the White House and Congressional leaders for rent and various forms of tax relief as COVID-19 curtails most shopping.

By Daphne Howland • March 19, 2020

Temporary closures could wipe out up to 50% of some retailers' annual profits, Cowen says

After temporarily shuttering more than 11,000 stores, analysts predict sales could fall by 12% this year for specialty and department store retailers.

By Ben Unglesbee • March 19, 2020

Distressed retailers struggled with falling sales for years — and then came coronavirus

With shoppers shunning stores or being barred outright, the entire industry will take a hit. What will happen to the retailers that were already in trouble?

By Ben Unglesbee • March 19, 2020

Taubman joins Simon Property in closing its shopping centers.

Taubman is closing most of its shopping centers, joining its suitor Simon Property, which is closing around 200 malls in the U.S.

By Ben Unglesbee • Updated March 20, 2020

Macy's closes all of its stores through March

The retailer joined Neiman Marcus, Nordstrom and scores of others voluntarily shutting down stores to help tackle the spread of COVID-19.

By Ben Unglesbee • March 18, 2020

Retailers brace for the impact of coronavirus

While consumers' appetite for discretionary shopping has decreased substantially, mass merchants and grocery stores grapple with new demands.

By Caroline Jansen • March 18, 2020

Malls in New Jersey shut down on governor's order

They've closed elsewhere, too, as governments and businesses fight the spread of COVID-19. Many are still open, though, with some questioning why. 

By Ben Unglesbee • March 18, 2020

L Brands leans on its revolver for cash as it braces for store shutdowns

The retailer was also recently downgraded by Moody's, which warned that the divestment of Victoria's Secret takes diversity out of the company's portfolio. 

By Daphne Howland • March 18, 2020

Kohl's to sell Lands' End online, in stores

The apparel company, which was once known for its association with Sears, will sell merchandise in 150 Kohl's stores starting this fall.

By Kaarin Moore • March 17, 2020

Retail at risk as consumers hunker down

The industry is reeling as the U.S. takes precautions and shoppers adopt new habits. What is the new normal, and how long will it last?

By Daphne Howland • March 17, 2020

Retail sales jump 3.6% in March as consumers anticipate tariffs

Last month’s growth may be ephemeral given economic uncertainty, analysts warned.

By Retail Dive Staff • Updated April 16, 2025

Ascena gives its balance sheet some relief, but analysts still expect a restructuring

After buying back its own debt on the cheap, the distressed apparel seller maintained that it wasn't considering bankruptcy. 

By Ben Unglesbee • March 17, 2020

Amazon hires 100K, opens 75K additional roles as COVID-19 surges demand

E-commerce has boomed as consumers worldwide practice social distancing and self-quarantining, leading e-tailers to amp up their supply chains to cope.

By Shefali Kapadia • Updated April 13, 2020

Tracking retail's response to the coronavirus

J.C. Penney has joined the growing list of retailers requiring customers to wear masks in its stores, following Walmart, Target and others.

By Retail Dive Staff • Updated July 23, 2020

Retailers implore consumers to avoid panic buying as shelves swiftly empty

The National Retail Federation and Retail Industry Leaders Association said supply chains are strong, and cautioned against closing stores.

By Daphne Howland • March 16, 2020