Coronavirus Retail News

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Coronavirus Retail News

Lucky Brand Files Chapter 11, Closing Some Stores

The apparel brand and retailer entered into a stalking horse asset purchase agreement with SPARC Group, operator of Aéropostale and Nautica.

How AMMEX Managed an 800% E-Commerce Spike During COVID-19

AMMEX was able to scale its e-commerce operations by a whopping 800% during a surge of demand prompted by COVID-19.

While Macy's reported a staggering quarterly loss and is taking a “conservative view” for the remainder of the year, CEO Jeff Gennette said curbside pickup is going to be a “big secret weapon” for Macy’s this holiday season. Find out what Macy's plans for the holidays.

Rite Aid increased its e-commerce fulfillment capacity by 700% in just three weeks during its fiscal first quarter, as its previous efforts to strengthen its digital capabilities were given a COVID-19 stress test.

What retailers need to consider as consumers grow more comfortable (or not) with shopping in stores.

Sweetwater, a music retailer that’s nearing $1 billion in annual sales, found itself in the center of a perfect storm as one of the unexpected non-essential retail beneficiaries during the coronavirus health crisis.

Nike is shifting its operating model to fuel an acceleration in its consumer direct strategy, but that doesn’t mean it’s pulling back from physical stores. Find out why and what tech Nike is investing in to support digital growth.

The department store chain is another retailer that’s been hit hard by the effects of the widespread, COVID-19-prompted store closures in the spring.

The struggling retailer filed Chapter 11 in May as its multi-year turnaround efforts were no match for the widespread store closures enacted to help slow the spread of COVID-19.

Kroger began investing in digital several years ago to build an ecosystem that would deliver anything, anytime, anywhere. Those investments, along with new steps the grocer took during the coronavirus pandemic, led to 92% sales growth in digital channels in its Q1. Find out how if the grocer thinks the trend will keep going.

Months of near-lockdown conditions have kickstarted new retail tech strategies and solutions that grocers are ready to embrace. See which ones have been pushed to the forefront and which are ready to move off the back burner.

Accessories retailer Claire's Stores suffered a data breach on its e-commerce website, in which payment skimmers were injected and used to steal customer data. Get the details and learn why the retailer may have been targeted because of temporarily closed stores.

With safety measures in place at its DCs, The Children’s Place’s store network is helping to fulfill orders. Learn more and hear the retailer’s plans to shutter 300 stores, as it shifts focus to digital sales.

Sales at U.S. retailers in May were the highest monthly jump on record, as the economy stated to reopen after shutting doors due to the COVID-19 pandemic and business adapted to new regulations. Learn what the numbers mean and where dollars are being spent.

Zara-owner Inditex is closing up to 1,200 smaller-sized stores, as the fashion giant unveils a proprietary digital platform and pivots to speed up its digital transformation. Learn how it expects RFID and proprietary IT architecture will help it meet soaring online demand.

Starbucks announced it will close up to 400 traditional cafes and open new stores with innovative formats. Learn how Starbucks will accelerate the transformation of its U.S. stores to meet evolving customer needs.

Amazon’s latest tech innovation provides real-time social distancing feedback, and it plans to open source the technology. Learn more.

Lululemon Athletica posted solid digital sales, but the boost in online activity wasn’t enough to save it from a 17% sales dip, as temporary store closures due to the COVID-10 pandemic took place. Learn how intelligent sourcing capabilities and virtual engagement is helping the retailer to capture online sales, a trend it hopes will continue post-pandemic.

Private equity firm Sycamore Partners is in talks to acquire to JCPenney if the struggling retailer’s negotiations fail with its creditors, according to a report.

Shopper sentiment during the pandemic varies across retail sub-verticals and U.S. regions, while media consumption is also affecting shoppers’ feelings about the in-store experience and their plans to shop.

In our interviews with the RIS News 2020 Influentials, we asked them to share their predictions on these changes, as well as the tech they think retailers will be most interested in investing in.

Tips on how retailers can effectively communicate relevant and important information during the health crisis, helping teams remain healthy and happy.

The parent company to Food City, AJ's Fine Foods, Eddie's Country Store, and Bashas' and Bashas' Diné grocers is leveraging artificial intelligence to better support its merchandising and marketing needs during the health crisis.

Although the business environment of 2020 remains uncertain, Dick's said it will continue to invest in technology. Uncover the retail tech areas the retailer will look to innovate in.

It's imperative to explore long-term structural changes that the digital commerce market might see, as well as the adaptations companies can make in the coming months and years.

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