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UK fashion retailer Oasis Warehouse group falls into administration
News 1 month ago
UK fashion retailer Oasis Warehouse group falls into administration

LONDON (Reuters) - British fashion brands Oasis and Warehouse have fallen into administration, threatening over 2,000 jobs and joining a growing...

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Coronavirus unmasks Amazon's stumbles at Whole Foods
News 1 month ago
Coronavirus unmasks Amazon's stumbles at Whole Foods

The coronavirus pandemic should be Amazon's moment to shine. Some 90% of U. S. shoppers are under stay-at-home orders and Amazon.com Inc (AMZN.O)...

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U.S. retail sales, factory output sink as economy reels from coronavirus
News 1 month ago
U.S. retail sales, factory output sink as economy reels from coronavirus

WASHINGTON (Reuters) - U. S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing...

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U.S. retail sales, factory output sink as coronavirus batters economy
News 1 month ago
U.S. retail sales, factory output sink as coronavirus batters economy

WASHINGTON (Reuters) - U. S. retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing...

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Coronavirus seen knocking U.S. retail sales in March
News 1 month ago
Coronavirus seen knocking U.S. retail sales in March

WASHINGTON (Reuters) - U. S. retail sales likely suffered a record drop in March as mandatory business closures to control the spread of the novel...

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Amazon fires three critics of warehouse conditions in pandemic
News 1 month ago
Amazon fires three critics of warehouse conditions in pandemic

The company on Friday fired two user experience designers, Maren Costa and Emily Cunningham, for what it called repeated violations of internal...

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Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade - sources
News 1 month ago
Exclusive: J.C. Penney explores bankruptcy as hopes for recovery fade - sources

NEW YORK (Reuters) - J. C. Penney Co Inc (JCP.N) is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S....

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Exclusive: Amazon in contact with coronavirus test makers for potential screenings on employees
News 2 months ago
Exclusive: Amazon in contact with coronavirus test makers for potential screenings on employees

The chief executives of Abbott Laboratories and Thermo Fisher Scientific Inc have told Amazon they would like to work with the e-commerce company,...

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Exclusive: Amazon in contact with coronavirus test makers as it plans pandemic response
News 2 months ago
Exclusive: Amazon in contact with coronavirus test makers as it plans pandemic response

The chief executives of Abbott Laboratories and Thermo Fisher Scientific Inc have told Amazon they would like to work with the e-commerce company,...

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Walmart to limit number of customers at stores as virus crisis deepens
News 2 months ago
Walmart to limit number of customers at stores as virus crisis deepens

It said it will now allow no more than five customers per 1,000 square feet at a given time and that they would be admitted one by one and counted...

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Dress to impress at home: Retailers recast spring looks for coronavirus lockdowns
News 2 months ago
Dress to impress at home: Retailers recast spring looks for coronavirus lockdowns

NEW YORK (Reuters) - Desperate to sell pricey spring looks during the coronavirus lockdown, retailers are turning to social media to show their...

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Fund managers freeze UK institutional property funds
News 2 months ago
Fund managers freeze UK institutional property funds

LONDON (Reuters) - Investment managers BlackRock (BLK. N) and Schroders (SDR.L) have suspended trading in UK real estate funds aimed at...

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Exclusive: Amazon to deploy masks and temperature checks for workers by next week
News 2 months ago
Exclusive: Amazon to deploy masks and temperature checks for workers by next week

The company, which has reported virus cases among warehouse staff and faced several demonstrations, said it would start testing hundreds of...

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Retail sector companies turn to masks, gloves in coronavirus fight
News 2 months ago
Retail sector companies turn to masks, gloves in coronavirus fight

Amazon.com Inc (AMZN.O) said it would roll out temperature checks and face masks for staff at all its U.S. and European warehouses and Whole Foods...

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Adidas apologizes for deferring store rent, will pay up
News 2 months ago
Adidas apologizes for deferring store rent, will pay up

BERLIN (Reuters) - German sportswear maker Adidas (ADSGn. DE) apologizes on Wednesday for saying it would stop paying rent for stores around the...

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Carrefour teams up with Uber Eats for lockdown deliveries
News 2 months ago
Carrefour teams up with Uber Eats for lockdown deliveries

PARIS (Reuters) - French supermarket retailer Carrefour (CARR. PA) and Uber Eats said on Wednesday they would launch a new delivery service aimed...

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Independent worker group calls for Whole Foods 'sick out' over coronavirus
News 2 months ago
Independent worker group calls for Whole Foods 'sick out' over coronavirus

NEW YORK (Reuters) - An independent group of workers at Whole Foods Market called on colleagues to phone in sick to the grocer's stores on Tuesday...

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Furniture giant IKEA making masks to help fight coronavirus
News 2 months ago
Furniture giant IKEA making masks to help fight coronavirus

STOCKHOLM (Reuters) - Furniture giant IKEA is producing face masks and other protective gear for hospitals, joining a growing list of companies...

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Factbox: Coronavirus cases reported at 19 of Amazon's U.S. warehouses
News 2 months ago
Factbox: Coronavirus cases reported at 19 of Amazon's U.S. warehouses

However, news reports that a handful out of Amazon's hundreds of thousands of U. S. warehouse workers have contracted the virus raise the potential...

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Instacart, Amazon workers strike as labor unrest grows during coronavirus crisis
News 2 months ago
Instacart, Amazon workers strike as labor unrest grows during coronavirus crisis

NEW YORK (Reuters) - Warehouse, delivery and retail gig workers in the United States went on strike on Monday to call attention to safety and wage...

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Macy's to furlough nearly 130,000 employees as virus keeps stores shut
News 2 months ago
Macy's to furlough nearly 130,000 employees as virus keeps stores shut

The company, which has about 130,000 employees, earlier this month shut its more than 800 stores, suspended quarterly dividend and withdrew its...

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Exclusive: Amazon entices warehouse employees to grocery unit with higher pay
News 2 months ago
Exclusive: Amazon entices warehouse employees to grocery unit with higher pay

This move, known as labor sharing, highlights how the ecommerce giant is reallocating some of its vast workforce to handle a spike in online sales...

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Britain's Tesco limits online shop to 80 items during coronavirus crisis
News 2 months ago
Britain's Tesco limits online shop to 80 items during coronavirus crisis

LONDON (Reuters) - Britain's biggest supermarket group Tesco will limit the number of items customers can order in an online shop to 80 during the...

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Factbox: Coronavirus cases reported at 13 of Amazon's U.S. warehouses
News 2 months ago
Factbox: Coronavirus cases reported at 13 of Amazon's U.S. warehouses

However, news reports that a handful out of Amazon's hundreds of thousands of U.S. warehouse workers have contracted the virus raise the potential...

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Exclusive: Ross Stores, other retailers cancel vendor orders following coronavirus hit
News 2 months ago
Exclusive: Ross Stores, other retailers cancel vendor orders following coronavirus hit

NEW YORK (Reuters) - After closing stores around the world to curb the spread of the coronavirus, retailers are now telling some vendors to...

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U.S. kicks off new drilling lease sales despite oil market slump
News 2 months ago
U.S. kicks off new drilling lease sales despite oil market slump

The Bureau of Land Management (BLM) is offering more than 210,000 acres (85,000 hectares) for leasing via online auctions in Wyoming, Nevada and...

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U.S. drilling lease sales draw few bids during oil market meltdown
News 2 months ago
U.S. drilling lease sales draw few bids during oil market meltdown

The Bureau of Land Management (BLM) received bids on just 40% of the 193,584 acres (78,300 hectares) offered for leasing via online auctions in...

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Exclusive: Amazon raises overtime pay for warehouse workers
News 2 months ago
Exclusive: Amazon raises overtime pay for warehouse workers

Hourly workers at the warehouses will receive double pay after 40 hours for overtime, up from the 1.5-times rate, from March 15 to May 9, the...

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Boutique shops in central London on the brink as coronavirus kills trade
News 2 months ago
Boutique shops in central London on the brink as coronavirus kills trade

LONDON (Reuters) - Horlis Ramirez packed shoes with silk bags into boxes in his empty store in London's West End shopping district, voicing fears...

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Sellers' Amazon loans at risk as company limits warehouses to essential goods
News 2 months ago
Sellers' Amazon loans at risk as company limits warehouses to essential goods

NEW YORK/LOS ANGELES (Reuters) - Some Amazon sellers say the online retailer's abrupt decision to stop receiving non-essential inventory in...

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