Simon’s Shopping Malls Will Open in May The opening will take place in stages, and all possible measures to maintain social distance will be respected.
Traditional stores are doomed, says co-founder of PayPal Shoppers will not return to stores and malls, so retailers will have to invent new ways to trade.
400 chains refused to open without compensation from the authorities Retail chains refused to reopen in Israel after the quarantine without receiving compensation from the authorities.
Malls in Dubai Will Open With Strict Anti-virus Restrictions Dubai and Abu Dhabi are preparing to open malls after quarantine, subject to stringent antiviral regulations.
Abercrombie & Fitch Enters Clothing Resale Market Abercrombie & Fitch is another major retailer that has begun a partnership with ThredUp, a company specializing in online sales of used fashion garments.
H&M leads Fashion Transparency Index 2020 Swedish retailer H&M was ranked number one in the Fashion Transparency Index 2020 with a score of 73 out of 100 possible.
Adidas Received a €3 Billion Loan to Rescue its Business One of the conditions for approving the loan is the suspension of dividend payments for the entire term of the loan.
IKEA Has Reported a Two-time Drop in Sales The owner of IKEA reported a 60% drop in sales amid a coronavirus pandemic and a tenfold increase in online sales.
Coronavirus testing center opened in American Dream megamall Visitors to the center can take free tests and have a virtual consultation with medical staff.
Samsung Launches Cardboard Box Design Competition The money prize for the authors of the best works will be 20 thousand dollars.
Zara Stores Owner Gradually Resumes Operations Spanish company Inditex, best known for its Zara brand, plans to resume its activities gradually.
Hermes Reopened in China and Reported Record sales French luxury fashion house Hermes opened its flagship store in Guangzhou, China after a two-month break.
