The chain used a flexible business model to draw shoppers. When brands produced too much clothing or department stores canceled orders, TJX swooped in to buy the extra inventory and sell it on the cheap. That approach allowed it to constantly rotate in a new lineup of brands and styles on the shelves to draw shoppers to its no-frill stores. … [Read more...] about This incredibly popular store is one of the hardest to socially distance in
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However, the companies agreed to terminate the sale after L Brands was forced to impose furloughs and mass store closures in response to the coronavirus pandemic. Ending the agreement also avoided a lawsuit by Sycamore Partners, which had accused L Brands of breach of contract. … [Read more...] about Victoria’s Secret Closing 250 Stores: What’s Near Beverly Hills?
8:45 a.m. Nancy Pelosi has not been tested for coronavirus: House Speaker Nancy Pelosi, D-San Francisco, has not been tested for coronavirus or for antibodies, she told reporters Thursday morning. After she was in the same room in March as a colleague from New York who tested positive, Rep. Nidya Velásquez, Pelosi asked a physician if she should get a test but was told it wasn’t necessary because she had no symptoms. “The doctor says, ‘No, you don’t need to and you’d be putting yourself ahead of other people in line,’” Pelosi said. … [Read more...] about Coronavirus live updates: Apple’s Genius help, store pickups return in Bay Area
"We deeply value our associates, customers, business partners and the communities in which we operate, and this is not the outcome we expected or hoped to achieve. This decision follows months of working to identify a buyer who would continue to operate our business going forward. Unfortunately, the challenging retail environment has been significantly compounded by the profound impact of COVID-19, hindering our ability to secure such a buyer and requiring us to wind down." … [Read more...] about Pier 1 To Permanently Close All Stores, Including Oceanside Store
As we aim to embrace our new reality, society is looking for alternative means to achieve some sense of normalcy. Whether it be video conferencing in a work environment, distance learning for students, or more phone calls instead of face-to-face interactions, in so many ways we have leaned on technology to fill the gap of physical presence. … [Read more...] about Rob Cheng: All online voting for 2020 election? A security nightmare. Here’s why