Anne’s Recent Stories
Economy May 15Pandemic claims yet another retailer: J.C. Penney
The coronavirus pandemic has pushed troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate.
Economy May 07Store workers become enforcers of social distancing rules
Store workers across the country are suddenly being asked to enforce the rules that govern shopping during the coronavirus pandemic. That means customer service employees often must confront shoppers who aren't wearing masks and enforce social distancing measures.
Economy May 07Neiman Marcus becomes second major retailer to seek Chapter 11
Neiman Marcus, the 112-year-old storied luxury department store chain, is seeking Chapter 11 bankruptcy protection.
Economy May 04Americans see toll of the pandemic on shopping malls
Many Americans are getting their first taste of what pandemic shopping looks like at their local mall.
Economy Apr 06After virus fades, service industries may be changed forever
he coronavirus crisis is upending service businesses, and the crisis may permanently change the way Americans work, shop and socialize, even after the disease fades away.
Economy Mar 30Macy’s, Kohl’s, Gap to furlough majority of their workers
Macy's is furloughing a majority of its 130,000 workers beginning this week as its sales have collapsed because of the pandemic.
Economy Mar 17Panic buying leaves retailers scrambling to restock
Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out by panic shopping in response to the global viral pandemic.
Nation Mar 10Walmart revises leave policy in face of virus
Walmart is enacting an emergency leave policy for its 1.4 million hourly U.S. workers that allows them to take time off without penalty if they fear the spread of a new virus.
Economy Feb 28Novel coronavirus fear creates a global run on face masks
Many businesses are sold out, while others are limiting how many a customer can buy.
Economy Feb 04Macy’s to close 125 stores, shed 2,000 corporate jobs
The store closures represent about one fifth of Macy's current total. They didn't specify how many jobs would be lost at the shuttered stores.