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Retail industry

COVID-19

Businesses, insurers want federal backstop to interruption insurance

by Kimberly Adams
Sep 11, 2020
Retailers like Century 21 are blaming unpaid insurance claims for their bankruptcies.
A Century 21 department store in lower Manhattan on Sept. 10. The company blamed its insurers for its bankruptcy.
Spencer Platt/Getty Images
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COVID-19

Retailers go "conservative"

by Marielle Segarra
Sep 8, 2020
Going into the fall and the holidays, retailers are being cautious about what they buy.
A reopened Urban Outfitters store in Santa Monica, California. Heading into fall, retailers are being cautious about having too much inventory.
Frederic J. Brown/AFP via Getty Images
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COVID-19

What can clothing retailers do with all that excess inventory?

by Marielle Segarra
Aug 24, 2020
With clothing sales way down, there are not a lot of good options.
Joe Raedle/Getty Images
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As clothing sales drop, zipper and button makers struggle

by Marielle Segarra
Aug 12, 2020
The pandemic has downstream effects all throughout the supply chain.
Employees at a textile and weaver factory in Eloyes, France, in June. The clothing industry has a global supply chain for fabrics, buttons and zippers.
Jean-Christophe Verhaegen/AFP via Getty Images
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COVID-19

Thanksgiving won't launch Black Friday shopping at some of the biggest retailers

by Kristin Schwab
Jul 29, 2020
Walmart, Target and Best Buy won't open on the holiday this year to jump-start the traditional extreme-shopping weekend.
A Macy's Black Friday sale in 2018 in New York. Store traffic on Thanksgiving is just a small part of Black Friday weekend.
Stephanie Keith/Getty Images
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As COVID-19 cases spike, retail enters a new normal

by Marielle Segarra
Jul 9, 2020
Retailers are coming to terms with the fact that this virus is going to be with us for a long time.
Shoppers at a reopened Texas mall in May. The current surge in coronavirus cases is bringing new woes to retailers.
Mark Felix/AFP via Getty Images
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COVID-19

Distressed retailers play "hot potato" with landlords and suppliers

by Marielle Segarra
May 28, 2020
Everyone is trying to pass the economic pan to someone else.
A "closed" sign on the Victoria's Secret shop in Herald Square.
Eduardo Munoz Alvarez/Getty Images
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COVID-19

J. Crew is the first major retailer to file for bankruptcy under COVID-19

by David Brancaccio , Nova Safo and Alex Schroeder
May 4, 2020
Online business will continue as usual, and J. Crew still has plans to reopen stores.
J. Crew has almost $1.7 billion in debt its restructuring.
Jeenah Moon/Getty Images
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COVID-19

Fall fashion braces for the effects of COVID-19

by Kristin Schwab
Mar 23, 2020
Most apparel companies aren’t in a state of emergency ... yet.
China's supply chain problem is starting to worry retailers.
Peter Macdiarmid/Getty Images
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A look at why retailers may be closing so many stores

by Marielle Segarra
Jan 21, 2020
Are retailers shedding space because they have too much or because they're not giving customers the best store experience?
People walk through a nearly empty shopping mall in March 2017 in Waterbury, Connecticut.
Spencer Platt/Getty Images
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