RETAIL NEWS

Globe St

newAll Sears Stores Closed At Least Through April 30
Sears.com, distribution centers and customer care operations will remain open and Sears Home Services will continue to repair essential appliances.
- 1 hour ago 6 Apr 20, 12:23pm -
newInnovo Property and Square Mile Land $305M For Bronx Industrial Facility
Innovo Property Group and Square Mile Capital Management are developing a one million square foot, two-story Class A logistics and distribution facility at 2505 Bruckner Boulevard in the Bronx.
- 5 hours ago 6 Apr 20, 9:00am -
newHow Retail Landlords Can Be Proactive
As more information is learned about the COVID-19 virus, plans and procedures must be regularly updated.
- 5 hours ago 6 Apr 20, 9:00am -
newDemand for Loan Monitoring Rises Amid Rampant Risk Underwriting
Townhouse Partners, a due diligence firm servicing commercial real estate firms nationally, has seen an uptick in requests for services underwriting risk in loan portfolios amid the current changing economic landscape due to the coronavirus pandemic.…
- 5 hours ago 6 Apr 20, 9:00am -
newCredit Tenants Go the Distance in The Woodlands
Mohr Capital has acquired a property for retail redevelopment in The Woodlands with a plan to raze the 7 Leguas Restaurant building and develop a freestanding Chipotle and Regions Bank branch.
- 11 hours ago 6 Apr 20, 3:00am -
PA Governor Issues 'Stay at Home' Order for Entire State in Response to Coronavirus
The stay at home order went into effective April 1 at 8 p.m. Previously, there were 33 counties on statewide stay-at-home orders. The first orders were issued on March 23 for seven counties.
- 3 days ago 3 Apr 20, 12:21pm -
Everything is on the Table As Tenants and Landlords Talk About Rent Relief
Taking a hardball attitude with a landlord could backfire on the tenant.
- 3 days ago 3 Apr 20, 12:18pm -
Real Estate Firms Create Forum To Navigate Coronavirus, Capital Improvement Exploration
The coronavirus pandemic has brought some commercial real estate stakeholders together as some create forums to maintain an ongoing dialogue about the impacts companies are facing and best practices being utilized to navigate uncertainties. …
- 3 days ago 3 Apr 20, 11:51am -
Family Feud, Bankruptcy Filings, Coronavirus Loom Over $45M Palm Restaurant Sale
Landry's paid $45 million in cash and assumed $23 million of liabilities for the iconic Palm restaurant started by Italian immigrants in New York in 1926.
- 4 days ago 2 Apr 20, 1:26pm -
That Rent Concession Could Trigger A Loan Liability
Some loan documents restrict amendments impacting financial components of leases such as rent amounts, according to Morris, Manning, & Martin.
- 4 days ago 2 Apr 20, 10:38am -

Chain Store Age

Under Armour details big restructuring charges; to furlough employees
Citing the “acute shock” to its business resulting from COVID-19, Under Armour outlined a series of cost-cutting measures as the financial toll of the pandemic rises.
- 3 days ago 3 Apr 20, 5:00am -
CSA Exclusive: Four predictions for post-pandemic retail success
The harsh lessons learned during the coronavirus (COVID-19) may be exactly what will help retailers to survive — and thrive — post-pandemic.
- 3 days ago 3 Apr 20, 5:00am -
Expert Insight: Retailers should plan for the new normal now
The last few weeks have created an unprecedented situation and rapid changes for all of us, perhaps, none more so than chain retailers.
- 3 days ago 3 Apr 20, 5:00am -
Benjamin Moore partners to help small businesses, painting contractors
Benjamin Moore has teamed up with the Painting Contractors Association to underwrite participation costs for the association’s online “Operation COVID-19 Response” educational event.
- 3 days ago 3 Apr 20, 5:00am -
Instacart to distribute health kits to shoppers
An on-demand grocery delivery giant is adding to its efforts to promote shopper well-being.
- 3 days ago 3 Apr 20, 5:00am -
Amazon’s Bezos makes multi-million gift to food organization
Amazon gave an update on its latest efforts to support its hometown community and the world at large during the COVID-19 pandemic.
- 3 days ago 3 Apr 20, 5:00am -
10,000 tune into Marcus & Millichap coronavirus webcast
Here’s how the coronavirus-caused economic plunge is different from 2008.
- 3 days ago 3 Apr 20, 5:00am -
Amazon reportedly postponing Prime Day
Amazon will reportedly delay its annual Prime Day online shopping extravaganza due to concerns over COVID-19.
- 3 days ago 3 Apr 20, 5:00am -
Lululemon keeps workers on payroll
Lululemon athletica inc. is paying its employees even as its stores remain shuttered amid the COVID-19 pandemic.
- 3 days ago 3 Apr 20, 5:00am -
Ace Hardware, Love’s Travel Stops put out ‘Help Wanted’ signs
Two more retailers that are remaining open as essential businesses during the COVID-19 pandemic are looking to hire more workers.
- 3 days ago 3 Apr 20, 5:00am -

Retail Dive

newIn step with your vendor: How to improve print cycles times
These tips will help you manage an efficient print process for your retail business.
- 5 hours ago 6 Apr 20, 9:00am -
PVH may 'pack and hold' inventory until next spring
The company, which owns Calvin Klein and Tommy Hilfiger, hopes to regain the ability to sell at full price rather than dump goods to off-pricers.
- 3 days ago 3 Apr 20, 3:20pm -
Target to limit traffic where necessary to ensure social distancing
The measures come as Vermont placed limits on what big-box retailers can sell in their stores.
- 3 days ago 3 Apr 20, 2:52pm -
Retail Therapy: 'Stay the F* home'
Designer and illustrator Jennifer Baer reimagined vintage travel posters for a new era.
- 3 days ago 3 Apr 20, 2:07pm -
Gartner: 65% of CMOs are preparing for budget cuts
Executives must be agile and ready to operate on smaller budgets with a skeleton team, the research firm recommends.
- 4 days ago 2 Apr 20, 4:26pm -
Indyme unveils social distancing device as coronavirus changes in-store experience
The company released a camera-like tool that uses audio cues to remind shoppers to keep six feet apart.
- 4 days ago 2 Apr 20, 3:28pm -
Ross latest to furlough workers as stores remain closed
The off-price retailer doesn't run e-commerce, making the closures necessitated by the pandemic an even greater problem than it is for most.
- 4 days ago 2 Apr 20, 3:28pm -
Walmart expands contactless options for in-store shopping, pickup, delivery
Streamlining in-store checkout technology is one way the retailer is responding to consumer concern during the COVID-19 pandemic.
- 4 days ago 2 Apr 20, 3:24pm -
Fitch downgrades 9 retailers in a day, including Macy's, Nordstrom and J.C. Penney
Analysts with the ratings firm think sales could still be down in double digits for some retailers in 2021.
- 4 days ago 2 Apr 20, 2:30pm -
What the coronavirus means for DTC brands
Digital natives may not face the massive store closures brick-and-mortar retailers are grappling with, but they have their own obstacles.
- 4 days ago 2 Apr 20, 2:16pm -