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

October retail sales surge more than 6%

But some economists question whether U.S. consumers can keep up the pace throughout the holiday season.

By Retail Dive Staff • Updated 5 hours ago

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

Out-of-stocks surge at Amazon amid panicked shopping

The e-commerce giant is out of some key goods and is extending shipping times as consumers stockpile amid the COVID-19 pandemic.

By Ben Unglesbee • March 16, 2020

Gap Inc. profits plunge despite Old Navy recovery

Outgoing CFO Teri List-Stoll said Thursday that the company is "evaluating" its namesake brand, which she said needs to "earn its way in the portfolio."

By Daphne Howland • March 13, 2020

Former Toys R Us suppliers allege execs, directors took millions as retailer crumbled

A trust representing more than 100 creditors accuses the defunct toy seller's private equity owners and managers of pervasive conflicts of interest and fraudulent behavior. 

By Ben Unglesbee • March 13, 2020

Big Lots downgraded as competitive position weakens

Sales fell at the discount retailer during the holidays, and now the coronavirus threatens its traffic and supply chain as it loses ground in its sector.

By Ben Unglesbee • March 13, 2020

Ulta shutters stores shortly after cutting services, store hours

Over the past few days, the beauty retailer’s response to the coronavirus outbreak has steadily escalated.

By Cara Salpini • Updated March 17, 2020

L Brands names Les Wexner's replacement as board chair

Sarah Nash joined the board last year, amid struggles at Victoria's Secret. A majority stake in the lingerie brand is being sold to private equity.

By Daphne Howland • March 13, 2020