Management

Tapestry, Inc. announced plans to lay off 2,100 part-time store associates across its Coach, Kate Spade, and Stuart Weitzman brands, effective April 25, reports Footwear News. Each employee will receive a one-time payment of $1,000. The holdings company also said that it would extend salary and benefits to its retail team across North America until May 30, at which time…

Global circumstances have driven the retail industry into a period of extremes. Some retailers have closed the doors on brick-and-mortar sales and are experiencing year-over-year revenue loss. Others are struggling to keep up with consumer demand and are hiring thousands of new employees. It feels for many like a time of uncertainty, and while the…

Walmart is planning to hire an additional 50,000 associates to help deal with the sustained demand for its merchandise during the coronavirus pandemic, according to an April 17 blog post from Donna Morris, Walmart's executive vice president and chief people officer. In addition, Morris said Walmart has met its hiring goal of 150,000 employees during the crisis. In the post, Morris said…

Welcome to this week's Retail Resources post, a blog updated each Monday to include the most relevant information and resources I've seen over the past week to help you lead — as well as stay sane — in this unprecedented time. If there's anything you would like me to share in a future post, please…

Retailers are being challenged by the global spread of the coronavirus. Many stores are closing their doors and facing a sharp decline in sales, while other retailers, like grocery stores and pharmacies, are seeing increases in sales and dwindling inventory. In this wide-ranging interview, former eBay and Walmart exec, and current head of retail partnerships…

As the world struggles to contain the COVID-19 coronavirus, most businesses are struggling as well. They're struggling with ensuring the health of their employees, store closures mandated by the government, unanticipated drops in sales due to pullbacks in consumer spending, fulfilling orders from distribution centers, and identifying how to replace lost sales from brick-and-mortar stores.…

Here are the latest stories to emerge as retailers and brands deal with the impact that the global spread of the coronavirus has had on their businesses. This daily update offers retail executives the chance to stay-up-to-date on all that's happening within the retail industry, particularly as they put into motion their own COVID-19 response…

As consumers are sheltering in their homes, the detrimental impact from the COVID-19 virus is affecting brick-and-mortar retailers and e-commerce retailers alike. During this unprecedented situation, some e-commerce merchants are finding their products are selling faster than average and are having issues keeping up with demand, while most retailers offering “non-essential” products have seen sales…

Amidst frightening statistics, unprecedented restrictions on personal freedoms and global uncertainty, it’s tough to be positive right now. However, I take comfort in the fact that the COVID-19 pandemic has brought about a resilience and compassion in many of us that I didn’t know was there. In addition to the life-saving work carried out by…

As the coronavirus pandemic continues to present challenges for retailers and brands, we thought it would be helpful to hear from an industry expert. Editor-in-Chief Joe Keenan recently interviewed Sucharita Kodali, vice president and principal analyst at Forrester Research, to learn more about recent research that Forrester conducted into the state of the retail industry amid…