Apple Plans to Open Stores in May Deirdre O'Brien, Apple's vice president of Retail and Human Resources, said May would be the month when "many more" Apple Stores are due to open.
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.
Adidas Reports a Catastrophic Drop in Profits Due to the closure of most stores, the company's profit in the first quarter fell by 96% year-on-year.
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.
Gap Refuses to Pay Rent and Warns of Cash Shortage The company is experiencing unprecedented cash shortages due to the retailer's shop closures.
Victoria’s Secret Buyer is Looking to Cancel Takeover Investment company Sycamore Partners refuses to acquire a controlling stake in the American lingerie retailer Victoria's Secret.
Global Brands are Forced to Start Total Sales Clothing, accessories, and footwear worth tens of billions of dollars remain unsold due to a fall in sales in March and April.
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.
Plant-Based Meat Products Will Appear in Chinese Starbucks For an American producer of meat substitutes, this will be the first entry into the Chinese market.
Neiman Marcus Department Stores Preparing to Declare Bankruptcy The owner of a chain of luxury American department stores Neiman Marcus can file for bankruptcy as early as this week.
