Tuesday, August 11, 2020
Tags Retailers (legacy)

Tag: retailers (legacy)

Costco Wholesale revenue rises 7.3% on coronavirus-induced stockpiling

(Reuters) - Warehouse club operator Costco Wholesale Corp () reported a 7.3% increase in quarterly revenue on Thursday, as people stocked up...

French court backs workers in Amazon row over virus measures

PARIS (Reuters) - A French court on Friday rejected Amazon's () appeal against a ruling that restricts what it can deliver during the coronavirus...

Gap warns of cash shortage, suspends rent payments

(Reuters) - Gap Inc () warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds...

Primark commits to paying for 370 million pounds of orders during...

LONDON (Reuters) - Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its...

Exclusive: Macy’s taps Lazard to bolster finances as coronavirus saps sales...

NEW YORK (Reuters) - Macy's Inc () has hired investment bank Lazard Ltd () to explore options for bolstering its finances after the department...

Warehouse workers risk COVID-19 to ship Gucci shades, face cream, sofas

(Reuters) - As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc closed hundreds of stores and gave in-store workers...

Neiman Marcus in bankruptcy talks with lenders: Bloomberg Law

(Reuters) - Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease...

UK in talks with Amazon over delivering coronavirus tests: FT

LONDON (Reuters) - Britain has approached Amazon and other companies about using their services to step up the delivery of coronavirus tests...

McDonald’s to temporarily close all UK, Ireland restaurants amid coronavirus outbreak

(Reuters) - McDonald's Corp () said on Sunday it would temporarily close all its restaurants in the UK and Ireland by Monday...

German retailers plead for state aid as stores close

BERLIN (Reuters) - Germany's HDE retail association called on Wednesday for the government to give immediate state aid and tax relief to...