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Company News
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27 March 2020
Covid-19: Carter’s provides updates on latest actions
North America babies and young children apparel retailer Carter’s has provided updates on actions taken amid disruption due to the growing coronavirus (Covid-19) pandemic.
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27 March 2020
Covid-19: Tailored Brands extends temporary store closures
Omnichannel retailer Tailored Brands has announced that its retail stores will continue to remain temporarily closed until 4 May as the coronavirus (Covid-19) continues to spread.
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26 March 2020
Covid-19: Meijer to install plexiglass shields to curb coronavirus
US supercentre chain Meijer has announced plans to install plexiglass shields in all its stores to prevent the spread of the coronavirus (Covid-19) within its operations.
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26 March 2020
7-Eleven to offer free delivery on purchases made through 7NOW
Convenience retailer 7-Eleven has decided to waive delivery charges via a promo code on all orders made through its 7NOW delivery app.
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25 March 2020
Neiman Marcus debt prices fall as luxury retailer weighs bankruptcy filing
Prices of loan related to US-based luxury retailer Neiman Marcus Group has dropped as it weighs options, including filing for bankruptcy, to reduce its $4.3bn debt.
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24 March 2020
Covid-19: Tigerlily enters voluntary administration amid pandemic
Swimwear brand Tigerlily has reportedly entered voluntary administration as the coronavirus (Covid-19) outbreak affects sales.
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24 March 2020
Covid-19: H&M considers laying off thousands of employees
Fast-fashion retailer H&M Group has revealed plans to temporarily lay off tens of thousands of workers worldwide as the coronavirus (Covid-19) affects business.
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24 March 2020
Covid-19: Greggs to temporarily close stores to help contain spread in UK
UK’s bakery food-on-the-go retailer Greggs has decided to temporarily close its stores to support efforts to contain the spread of the coronavirus (Covid-19).
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23 March 2020
Cazoo raises £100m additional funding to accelerate online business
UK technology business Cazoo has raised £100m in additional funding as the company aims to improve online operations.
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23 March 2020
Covid-19: Macy’s reduces 2020 capex and suspends cash dividend
Premier omnichannel fashion retailer Macy’s has provided details of certain actions it will implement to maintain financial flexibility amid the coronavirus (Covid-19) crisis.