Edition:
United Kingdom

Melissa Fares

Walmart, Marks & Spencer brace for tumultuous 'back-to-school' season

21 Jul 2020

As more school districts roll back their reopening plans to curb the spread of coronavirus, major retailers in the United States, EU and UK are aggressively discounting back-to-school backpacks and uniforms and airing new advertisements featuring students happily taking classes at home.

As virus-wary shoppers opt for online purchases, retailers pay the price

15 Jul 2020

LOS ANGELESOnline sales may be a saving grace for pandemic-battered retailers with fewer shoppers in their stores. But many retailers, from department store chain Macy's Inc to essential retailer Target Corp, are grappling with higher expenses related to e-commerce.

Macy's posts nearly $4 billion in losses, doesn't expect another shutdown

01 Jul 2020

Macy's Inc reported a staggering $3.58 billion quarterly loss on Wednesday as coronavirus-related store shutdowns resulted in a $3 billion impairment charge. | Video

Gap and Kanye West sign 10-year deal to create line of Yeezy apparel; shares soar

26 Jun 2020

NEW YORK Gap Inc has entered into a 10-year deal with rapper and fashion designer Kanye West to create a Yeezy line of clothing, both parties said on Friday, sending shares of the apparel retailer soaring 42%. | Video

Gap and Kanye West team up to create line of Yeezy apparel

26 Jun 2020

NEW YORK, June 26 Gap Inc has entered into a "multi-year partnership" with rapper and fashion designer Kanye West to create a Yeezy line of clothing, both parties said on Friday.

New York City retailers welcome back shoppers but challenges loom

24 Jun 2020

NEW YORK Upscale retailers including Nordstrom Inc , privately owned Saks Fifth Avenue and jeweler Tiffany & Co reopened their large New York City flagship locations on Wednesday with reassuring signage and sanitizer stands to calm shoppers worried about the coronavirus pandemic.

From Nordstrom to Saks, retailers reopen in NYC with challenges ahead

24 Jun 2020

NEW YORK Upscale retailers including Nordstrom Inc, privately-owned Saks Fifth Avenue and jeweler Tiffany & Co, reopened their large New York City flagship locations on Wednesday with reassuring signage and oversized jars of sanitizer to calm shoppers worried about cleanliness.

From Nordstrom to Saks, retailers reopen in NYC with challenges ahead

24 Jun 2020

NEW YORK, June 24 Upscale retailers including Nordstrom Inc, privately-owned Saks Fifth Avenue and jeweler Tiffany & Co, reopened their large New York City flagship locations on Wednesday with reassuring signage and oversized jars of sanitizer to calm shoppers worried about cleanliness.

Brands tout Black heritage as some shoppers question authenticity

22 Jun 2020

NEW YORK/BANGALORE L'Oreal SA, Unilever and other multinationals that acquired personal-care brands founded by Black people are moving to reassure their core customers, some of whom have pledged in the wake of racial-justice protests to direct their spending toward only Black-owned companies.

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