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June 05, 2020
Mall owner sues Gap for rent on coronavirus-shuttered stores
Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic. Mall owner Simon ...
May 01, 2020
Amazon profit falls as pandemic-related costs rise
Amazon’s sales soared in the first three months of the year, as more home-bound people shopped online amid the coronavirus ...
April 23, 2020
Outbreak mutates retail; automakers set dates for restarting
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments ...
April 16, 2020
Evidence of virus' effect on US economy grows more ominous
Evidence of the coronavirus' devastating impact on the U.S. economy has been steadily emerging, and the signs have grown ...
April 15, 2020
Commerce locks up and retail sales plunge unprecedented 8.7%
U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown ...
March 31, 2020
Macy's, Kohl's, Gap to furlough majority of their workers
Macy's, Kohl's and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work ...
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