$10 billion in sales up for grabs because of retail bankruptcies

$10 billion in sales up for grabs because of retail bankruptcies

Jeff Gennette, chairman and chief executive officer of Macy’s Inc. Mark Kauzlarich | Bloomberg via Getty Images Macy’s chief sees $10 billion in sales up for grabs because of the flood of retail bankruptcies taking place and accelerated due to the...
U.S. cases surpass 1.5 million; retail earnings show strong sales

U.S. cases surpass 1.5 million; retail earnings show strong sales

A week of retail earnings kicked off before the market open on Tuesday, with Walmart and Home Depot each reporting strong same-store sales growth as consumers stocked up and stayed home during the quarter.   The World Health Organization’s assembly continues for...
10% of retail demand might be lost forever

10% of retail demand might be lost forever

Pedestrians pass in front of a Macy’s Inc. store in the Midtown neighborhood of New York, U.S., on Friday, March 20, 2020. Gabby Jones | Bloomberg | Getty Images The coronavirus pandemic is sure to leave many lasting effects on the retail industry, including...
Curbside pickup at retail stores surges 208%

Curbside pickup at retail stores surges 208%

Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images The coronavirus pandemic is making curbside pickup much more valuable to customers and more beneficial to retailers, as many stores remain shut to...