Anne’s Recent Stories
Economy Aug 01Microsoft in advanced talks to buy TikTok’s U.S. business
The potential deal would be a victory for both companies, making Microsoft Corp. a major player in the social media arena and providing relief to TikTok and its parent company, Bytedance Ltd., a target of President Donald Trump’s.
Nation Jul 15Walmart to require customers to wear masks at all its stores
The company said the policy will go into effect on Monday to allow time to inform stores and customers.
Economy Jun 16U.S. retail sales jump by nearly 18 percent in a partial rebound
U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months.
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.