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March 5, 2021

retail

Business

Microsoft to permanently close all physical stores

June 27, 2020 The Associated Press

NEW YORK — Microsoft said Friday it is permanently closing nearly all of its physical stores around the world. Like other retailers, the software and computing giant had to temporarily close all of its stores […]

Article

Local businesses, still impacted by COVID-19, react to George Floyd protests

June 18, 2020 Elizabeth Lincicome, North State Journal

RALEIGH/CHAPEL HILL — More than three weeks after George Floyd died at the hands of Minneapolis police officers on Memorial Day, individuals and businesses across the country continue to pay their respects. In North Carolina, […]

Business

US retail sales plunged a record 16% in April as virus hit

May 16, 2020 Josh Boak and Anne D'Innocenzio, Associated Press

BALTIMORE — U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened the viability of stores across the country and further weighed […]

Article

Store workers become enforcers of social distancing rules

May 8, 2020 Anne D’Innocenzio, Associated Press

NEW YORK — Sandy Jensen’s customer-service job at a Sam’s Club in Fullerton, California, normally involves checking member ID cards at the door and answering questions. But the coronavirus has turned her into a kind […]

Business

Neiman Marcus becomes 2nd major retailer to seek Chapter 11

May 7, 2020 Anne D'Innocenzio, Associated Press

NEW YORK — Neiman Marcus has filed for Chapter 11 bankruptcy protection, the first department store chain to do so and the second major retailer to be toppled by the coronavirus pandemic. The move by […]

Business

J.Crew files for Chap. 11 as pandemic smothers retail

May 4, 2020 Anne D'Innocenzio, Associated Press

NEW YORK — The owner of J.Crew is filing for Chapter 11 bankruptcy just over three months after the first person in the U.S. tested positive for COVID-19. More bankruptcies across the retail sector are […]

Article

Panic buying tests grocery stores, trucking industry

March 25, 2020 David Larson

RALEIGH — In the midst of the global panic over coronavirus, North Carolina consumers have been buying products off the shelves at a frenetic rate, pressuring retailers and their suppliers to make goods available quickly […]

Article

Retailers try clothing rental, but will it be a good fit?

February 10, 2020 Anne D’Innocenzio, The Associated Press

Renting clothes could be the future of fashion — or it could just be a fad. But traditional retailers can no longer afford to wait on the sidelines to find out. That’s why a growing […]

Allbirds, Shoes, Retail, Business
Business

Allbirds, a shoe brand born online, to double stores

October 9, 2019 North State Journal Staff

NEW YORK — Online shoe brand Allbirds plans to more than double its store count next year, hoping to reach shoppers who want to touch and try on its wool shoes. The company said Tuesday […]

News

Sears survives a near-death experience, but for how long?

January 16, 2019 admin

NEW YORK — Sears will live on — at least for now. Its chairman and biggest shareholder, Eddie Lampert, won tentative approval for a $5 billion plan to keep the ailing, 132-year-old department-store chain in […]

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