With North American retailers implementing store closures to combat the spread of Covid-19 since the weekend, Tuesday’s announcements have come from the likes of Macy's, Ralph Lauren, AEO, Foot Locker and Tapestry.
The collection includes suiting, puff-sleeved dresses, pants, skirts, tops and more in a range of solid colors, floral prints and patterns, with sizes ranging from 00 to 24 and all pieces priced under $100.
Walmart on Tuesday forecast online sales growth to slow this year after posting lower-than-expected holiday quarter results, revealing the pressure traditional retailers are facing to keep pace with online shopping.
Frasers Group is the latest target for Peta’s investment activism, with the animal rights organisation buying stock in the business to protest against the sale of animal fur products at House of Fraser.
The debut 'Market by Macy's' store will stock a curated selection of Macy’s branded fashion offerings, as well as pieces from specialty designers and local Texas brands for men, women, kids and the home.
Macy’s Inc said on Tuesday it plans to close 125 of its least productive stores over the next three years to tackle slowing mall traffic and will slash more than 2,000 corporate jobs as a part of a cost-savings effort.