- The pandemic has thrown the airline industry into turmoil. Analysts say at least airlines are doing a better job at cleaning their planes.
- Before the virus, the most valuable malls were driving billions of dollars in sales, contributing hundreds of millions of dollars to tax coffers.
- Alibaba has fired the head of its fast-growing livestreaming business for allegedly engaging in nepotism and accepting gifts, according to an internal memo seen by CNBC.
- Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again ahead of the Fourth of July weekend as Covid-19 cases in those states surge.
- Las Vegas casino owner Derek Stevens said Thursday that although social distancing protocols are limiting the amount of people inside his casinos, sales in June were higher than a year ago.
- Retailers are promoting "contactless" digital payments to minimize germ spread during the coronavirus pandemic.
- McDonald's is pausing its U.S. reopening plans for 21 days as coronavirus cases spike across the country.
- During a virtual speaker series on Wednesday, Ellison said it's "mentally exhausting that in 2020, we're still discussing racial injustice."
- Covid-19 has prompted the cancellation of thousands of large fireworks displays to celebrate Independence Day. Without these attractions, more people than ever are setting off their own firework displays.
- Luckin Coffee said Wednesday that it has "substantially" completed its independent internal probe into sales fraud.
- The road to recovery at Macy's is likely going to be a rocky one because of the coronavirus pandemic. The retailer warned Wednesday that sales are falling again in states such as Texas where Covid-19 cases are on the rise.
- CBL said "there can be no assurance" that it will be able "to reach any agreement with respect to its indebtedness."
- The deal comes as states slow their reopening plans. New restrictions on bars and indoor dining could boost alcohol e-commerce.
- NPC joins a host of other companies that filed for bankruptcy during the pandemic, including Chuck E. Cheese's parent company CEC Entertainment, rental car company Hertz, and retailers J. Crew and J.C. Penney.
- Macy's on Wednesday reported a first-quarter loss, in line with the retailer's previously announced estimates.
- Beyond Meat announced Tuesday that Alibaba's Freshippo grocery stores would start selling its meatless burger patties.
- Expect to see fewer front-of-store items, a slimmed down selection of over-the-counter medications and an emphasis on relationships between pharmacists and customers.
- Simon Property Group might want to own bankrupt J.C. Penney to be able to redevelop some of its best real estate and make it even better, according to one analyst.
- Fit:Match is teaming with mall owner Brookfield to open spaces where people can receive a 3D body scan to find their sizes and shop for clothes.
- The deal is the largest financial agreement the Fanatics has struck with a sports team, individuals with knowledge of the deal told CNBC.
- Lululemon is acquiring the in-home fitness company Mirror for $500 million, the retailer announced Monday, marking its first acquisition.
- Impossible Foods announced Monday that its meatless sausage will now be sold to restaurants nationwide.
- Barclays analysts downgraded Beyond Meat to underweight after a strong first half for the stock.
- Burger King's U.S. same-store sales are trending flat as customers return to its locations for Whoppers and french fries.
- Starbucks is the latest company said it will pause advertising on "all social media platforms" and promises to have discussions internally and with media partners and civil rights organizations to stop the spread of hate speech.
- The surge in single-use plastic is a major blow to the fight against plastic pollution, which is projected to increase by 40% in the next decade.
- Though states are reporting new surges in Covid-19 cases, pausing reopening measures and even re-instituting business restrictions, specific economic sectors have continued to see improvement.
- Luckin Coffee announced Friday that its board of directors is moving to force out director and Chairman Charles Zhengyao Lu.
- Albertsons debuted on the New York Stock Exchange Friday at a lower-than-expected $16 per share, but the supermarket operator has gotten a bounce from shopping trends during the pandemic.
- On the same day Nike reported a $790 million loss in quarterly earnings, CEO John Donahoe told employees that layoffs are coming.
- Waitrose has launched a trial scheme where packaging has been removed from hundreds of items in-store to enable customers to fill their own containers with products. .
- Network Rail has reported that retail like-for-like sales at stations it manages increased by 2.42% in the three months to the end of March. On a total basis sales were up 6.84%.
- Shopping centre owner Intu has named Robert Allen as its new chief financial officer.
- UK retail sales declined by 3% on a like-for-like basis last month as the country's political and economic uncertainty took its toll.
- Wellington boot brand Hunter achieved record revenues in 2018 with an increase of 9% to £113.8 million.
- Magmatic, the owner of theTrunki children's suitcase brand, increased its profits by 51% in 2018 following a strong international performance.
- US beauty retailer Morphe Cosmetics has opened its first store in the North West on Liverpool ONE’s Paradise Street.
- With just a handful of places left, don’t miss the chance to join the 120+ delegates at this year’s Customer Engagement Conference on Wednesday 5 June.
- Over-aggressive fraud strategies fuel false declines, resulting in almost 3% of lost revenue for ecommerce.
- Outdoor retailer Mountain Warehouse has seen its pre-tax profits increase by 14% to a record £23.7 million in the year to the end of February.
- Consumer confidence has risen by three points this month according GfK’s long-running Consumer Confidence Index.
- Waitrose & Partners is to introduce an ‘invisible door’ at one of its stores later this year. The retailer said the door could potentially save UK retailers a combined £1.5 billion per year by reducing their energy bills.
- Ahead of speaking at Retail Customer Engagement on 5 June, Steve Kato-Spyrou, UX manager at John Lewis & Partners, has highlighted how customer-centric design can often be overlooked in retail businesses despite it being a major...
- Calabrio - Customer Engagement Conference 2019 sponsor - is the customer experience intelligence company that empowers organisations to enrich human interactions.
- Fashion retail group N Brown has strengthened its leadership team by appointing Kenyatte Nelson as its chief brand officer.
- Microsoft has announced that its new flagship store at London’s Oxford Circus will open on 11 July.
- Cosmetics company Shiseido and Superdrug owner AS Watson have developed a new three-year plan as they look to strengthen their strategic partnership.
- Tapestry, the owner of the Kate Spade, Coach and Stuart Weitzman luxury lifestyle brands, has hired Thomas Glaser as its chief operations officer.
- Administrators for the Select fashion chain have filed proposals for a Company Voluntary Arrangement as they look to cut property costs for the business.
- H&M has collaborated for a second time with Dutch brand Love Stories on a swimwear collection.