Economy Jun 16 U.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 15 Pandemic 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 07 Store 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 07 Neiman 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 04 Americans 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 06 After 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 30 Macy’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 17 Panic 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 10 Walmart 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 28 Novel coronavirus fear creates a global run on face masks Many businesses are sold out, while others are limiting how many a customer can buy.