Mall owners worried over mortgage payments as retailers skip rent

Mall owners worried over mortgage payments as retailers skip rent

This April 25, 2019 file photo shows the exterior view of the construction site of the American Dream mall in East Rutherford, N.J. Julio Cortez | AP Retailers are worried about paying rent because of the damage from the coronavirus pandemic. And that has mall owners...
Not all retailers will ‘weather’ coronavirus pandemic

Not all retailers will ‘weather’ coronavirus pandemic

Lululemon announced Thursday that it will be paying all its workers through June 1, whether or not its stores reopen before then, amid the coronavirus pandemic.  Lululemon also has paid all its April rent to landlords. A hotly debated topic in the industry has been...
Retailers make masks,gowns for healthcare workers

Retailers make masks,gowns for healthcare workers

Eddie Bauer Scott Olson | Getty Images As patient numbers swell for those who have tested positive or are suspected of having coronavirus, hospitals and healthcare facilities throughout the U.S. are experiencing a tight supply, if not an outright shortage, of personal...
Ulta Beauty CEO says retailers need support from Washington

Ulta Beauty CEO says retailers need support from Washington

Ulta Beauty CEO Mary Dillon said she’s encouraged by Washington’s efforts to stimulate the economy during the coronavirus pandemic, but said millions of laid off or furloughed retail workers will need sustained support. “We need companies to survive....
Retailers with shuttered stores push online deals to try to get sales

Retailers with shuttered stores push online deals to try to get sales

Nike, Macy’s and Vineyard Vines are just a few of the companies currently offering decent deals online, to try to stir up some sales as their stores sit dark.  Many retailers are also throwing in free shipping — if they did not already offer it — and extending...