By Andrew Asch | August 6, 2020
The new owners of the Hollywood & Highland retail and entertainment center recently unveiled a new name, Ovation, and details of a $100-million overhaul to the sprawling complex that dominates the intersection of Hollywood Boulevard and Highland Avenue in Los Angeles amid the Hollywood Walk of Fame.
As the COVID-19 pandemic drags on, more prominent retailers continue to be hit by the pandemic’s economic freeze. As the COVID-19 pandemic drags on, more prominent retailers continue to be hit by the pandemic’s economic freeze.
Retailers are navigating between seemingly conflicting messages from California Gov. Gavin Newsom and Los Angeles Mayor Eric Garcetti on when they can reopen.
Fashion brands and retailers have closed stores, furloughed staff and made SOS calls during the past six weeks, due to the COVID-19 pandemic. On May 4, J. Crew Group, Inc. became the first United States-based retailer to file for a Chapter 11 bankruptcy due to the effects of the coronavirus on retailers.
After 14 years of growing its e-commerce platform to include more than 1 million businesses, Shopify is expanding to include a consumer-facing component.
Ross Stores, Inc.’s fleet of 1,566 off-price apparel emporiums are temporarily closed because of the COVID-19 pandemic, but the Dublin, Calif.–headquartered retailer’s philanthropy is active.
Gap Inc. disclosed that it was taking a number of extraordinary measures to stay afloat during the COVID-19 crisis.
Former Walmart Exec To Lead eJamie Iannone, chief operating officer of Walmart eCommerce, was recently named chief executive officer of digital commerce pioneer eBay Inc.
The coronavirus pandemic continues its economic freeze, delivering a major blow to the fashion business, according to a recently released survey from NuOrder.
Some of America’s most prominent publicly traded retailers announced that they would furlough bricks-and-mortar employees as the economy has frozen due to stay-at-home orders to stop the spread of the coronavirus.
Gap Inc. is the latest large specialty retailer to announce that it would furlough its employees.
The legacy department store Macy’s Inc. announced on March 30 that it would furlough most of its 125,000 employees beginning April 1.
Hundreds of boutique owners are faced with an economy that has screeched to a halt, but many have been improvising and developing new ways to drive sales to their companies.
Retailers and malls joined in the effort to curb the spread of the coronavirus pandemic by temporarily shuttering stores this week as the economies of California and the U.S. moved into a recession, said a report from the UCLA Anderson School, which was released on March 16
Store closures and reduced hours are some of the ways retailers have responded to the COVID-19 pandemic as leaders of two of the most influential trade groups urged consumers to be mindful of the virus’s issues when they shop.
Gap Inc. reopened its corporate office in Manhattan’s Tribeca neighborhood after reports of an employee being diagnosed with coronavirus proved inaccurate, according to Bloomberg March 10.