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Macy's

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Retail

Report: Neiman Marcus to File for Bankruptcy This Week

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.

Retail

Report: Neiman Marcus to File for Bankruptcy This Week

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.


Retail

Macy's Taps Investment Bank to Explore Recapitalisation

Macy's has asked advisers to help manage its liabilities and explore options that could include new financing, sources say.

Retail

Macy's Taps Investment Bank to Explore Recapitalisation

Macy's has asked advisers to help manage its liabilities and explore options that could include new financing, sources say.


Workplace & Talent

Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer

This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.

Workplace & Talent

Power Moves | Macy’s CFO Resigns, Asos Names Chief Strategy Officer

This week, Paula Price steps down after less than two years as Macy’s CFO, while Asos hires a McKinsey partner to lead on strategy.


Retail

Keeping Track of Fashion's Layoffs

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales.

Retail

Keeping Track of Fashion's Layoffs

From Macy’s to Everlane, the retail industry is bracing for more layoffs as store closures and economic turmoil hurt sales.


Retail

Macy's to Furlough Nearly 130,000 Employees

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.

Retail

Macy's to Furlough Nearly 130,000 Employees

The department store said it planned to keep its stores shut and bring back employees on a staggered basis only once business resumes.


Financial Markets

Which Retailers Have Been Hit Hardest by the Covid-19 Crash?

Without a reliable revenue stream, retailers with ample cash on hand are better positioned to weather the storm, analysts say. But some categories are faring better than others, like sportswear and heritage luxury.

Financial Markets

Which Retailers Have Been Hit Hardest by the Covid-19 Crash?

Without a reliable revenue stream, retailers with ample cash on hand are better positioned to weather the storm, analysts say. But some categories are faring better than others, like sportswear and heritage luxury.


Retail

Discount Retailer Ross Stores Cancels Orders Through June

After closing stores to curb the spread of the coronavirus, many retailers are telling vendors to immediately cancel orders.

Retail

Discount Retailer Ross Stores Cancels Orders Through June

After closing stores to curb the spread of the coronavirus, many retailers are telling vendors to immediately cancel orders.


Marketing

For Influencers, Affiliate Revenue Is Next to Disappear

Brands like Macy’s, Ulta, Dillard’s and TJ Maxx are pausing their affiliate marketing programs to save money during Covid-19. Influencers, who have seen brand sponsorships disappear overnight, are scrambling.

Marketing

For Influencers, Affiliate Revenue Is Next to Disappear

Brands like Macy’s, Ulta, Dillard’s and TJ Maxx are pausing their affiliate marketing programs to save money during Covid-19. Influencers, who have seen brand sponsorships disappear overnight, are scrambling.


Retail

Retailers, Pressured to Shutter Stores, Face a Moral Dilemma

Consumer backlash against big brands that continue to operate their stores is mounting as efforts to contain the coronavirus pandemic increase. But some critics are asking them to go one step further and halt e-commerce as well.

Retail

Retailers, Pressured to Shutter Stores, Face a Moral Dilemma

Consumer backlash against big brands that continue to operate their stores is mounting as efforts to contain the coronavirus pandemic increase. But some critics are asking them to go one step further and halt e-commerce as well.


Beauty

Try-Before-You-Buy Beauty Retailers Pivot in the Age of Covid-19

As the coronavirus pandemic worsens, the in-store makeovers and testers that brands rely on to win customers are suddenly no-gos. But there are alternatives.

Beauty

Try-Before-You-Buy Beauty Retailers Pivot in the Age of Covid-19

As the coronavirus pandemic worsens, the in-store makeovers and testers that brands rely on to win customers are suddenly no-gos. But there are alternatives.