Business > Retail

Pier 1 Imports gets approval from a judge to liquidate its remaining stores

Pier 1 Imports gets approval from a judge to liquidate its remaining stores

7 hours ago   |   Business Insider

Pier 1 Imports is winding down its business. "This is not the outcome we hoped for when we began this process, and we are deeply saddened to move forward with winding down Pier...
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Cannabis startup Caliva laid off 20 employees including a top retail exec as headwinds from the coronavirus pandemic upend the industry

Cannabis startup Caliva laid off 20 employees including a top retail exec as headwinds from the coronavirus pandemic upend the industry

11 hours ago   |   Business Insider

Cannabis startup Caliva laid off 20 employees from its corporate office on March 30, the company confirmed. The cuts mostly affected employees in the retail management division...
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Shifting Gears: Meet Amazon's most important man who's not Jeff Bezos

Shifting Gears: Meet Amazon's most important man who's not Jeff Bezos

11 hours ago   |   Business Insider

Happy Friday and welcome to another issue of Shifting Gears, Business Insider's roundup of all things transportation from the week. Have you ever heard of Dave Clark? I hadn't...
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9 creative ways that retailers, restaurants, and service workers are staying afloat during coronavirus shutdowns

9 creative ways that retailers, restaurants, and service workers are staying afloat during coronavirus shutdowns

12 hours ago   |   Business Insider

The coronavirus pandemic has resulted in shutdowns and massive losses for retailers, restaurants, and their workers. But many are supplementing their income losses by pivoting...
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Glossier touted its decision to close its retail stores as putting 'public health ahead of our bottom line,' but leaked letter reveals that employees urged management to shutter the stores

Glossier touted its decision to close its retail stores as putting 'public health ahead of our bottom line,' but leaked letter reveals that employees urged management to shutter the stores

17 hours ago   |   Business Insider

Glossier was foremost among a number of brands leading the way on combating the spread of the pandemic when it shut its stores on March 13. But a leaked email obtained by...
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Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

Iconic luxury department store Harrods to open its first outlet location in a bid to shift excess stock that has built up in its store during the lockdown

18 hours ago   |   Business Insider

Iconic London-based luxury department store Harrods is opening its first outlet store. The company said that the new location, which is opening in Westfield shopping center in...
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Virgin Media high street stores won't reopen after lockdown

Virgin Media high street stores won't reopen after lockdown

20 hours ago   |   TechRadar   |   2 articles

Virgin Media will not reopen its retail stores once lockdown measures are revoked, permanently shuttering 53 outlets across the UK. The company said the difficult decision had...
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B&M to reopen 49 stores as high streets get back to business after lockdown

B&M to reopen 49 stores as high streets get back to business after lockdown

22 hours ago   |   The Mirror   |   2 articles

The announcement has been made in a trading update made by the discount retailer today, and will join the 600 stores that have remained open during the pandemic
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Target is closing 24 stores in Minnesota 'until further notice' amid looting and protests following the death of George Floyd

Target is closing 24 stores in Minnesota 'until further notice' amid looting and protests following the death of George Floyd

1 day ago   |   Business Insider

Target is closing 24 stores in Minnesota "until further notice" amid protests against the death of George Floyd. Photos and videos showed people looting Target stores in...
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An interactive map of the US cities and states still under lockdown - and those that are reopening

An interactive map of the US cities and states still under lockdown - and those that are reopening

1 day ago   |   Business Insider

All 50 states have eased at least some of their lockdown restrictions and allowed certain businesses to reopen. There are significant differences in the way states are...
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SpaceX's latest Starship rocket prototype just exploded during an engine test

SpaceX's latest Starship rocket prototype just exploded during an engine test

SpaceX's fourth Starship prototype was destroyed during a test launch on Friday in Texas. The three previous prototypes were destroyed through fueling issues. Tomorrow, through... Read more ...

Trump announces he's 'terminating' the US relationship with the World Health...

Trump announces he's 'terminating' the US relationship with the World Health Organization

President Donald Trump announced on Friday that he's "terminating" the US's relationship with the World Health Organization. Trump claimed that China pressured the WHO to... Read more ...

Trump claims his 'when the looting starts, the shooting starts' remarks...

Trump claims his 'when the looting starts, the shooting starts' remarks weren't a call to violence but instead a 'fact'

President Trump attempted to clarify his early Friday morning tweet that "when the looting starts, the shooting starts," writing on Friday afternoon that the controversial... Read more ...

Customs and Border Protection reportedly flew a Predator B drone over...

Customs and Border Protection reportedly flew a Predator B drone over Minneapolis as protests rocked the city

A Customs and Border Protection Predator B drone reportedly flew over Minneapolis Friday amid intense protests following the death of George Floyd. The drone with call sign... Read more ...

NY Gov. Andrew Cuomo says New York City is on track to begin reopening the...

NY Gov. Andrew Cuomo says New York City is on track to begin reopening the week of June 8th

New York Gov. Andrew Cuomo announced Friday that New York City will begin reopening the week of June 8. "We will stay on track by focusing on the hotspots," Cuomo said in a... Read more ...

Obama releases statement on George Floyd: 'For millions of Americans, being...

Obama releases statement on George Floyd: 'For millions of Americans, being treated differently on account of race is tragically, painfully, maddeningly 'normal''

Former President Barack Obama has issued a statement on the death of George Floyd at the hands of white police officers and the ensuing protests. Obama did not mention... Read more ...

Wuhan wet market 'was not where coronavirus started but was super-spreader site'

Wuhan wet market 'was not where coronavirus started but was super-spreader site'

The state-backed Chinese Centre of Disease Control and Prevention said genetic evidence proves coronavirus originated from bats before it jumped to humans Read more ...

Kylie Jenner is no longer a billionaire, according to Forbes: 'It's clear...

Kylie Jenner is no longer a billionaire, according to Forbes: 'It's clear that Kylie's camp has been lying'

Kylie Jenner is no longer a billionaire, according to Forbes . Forbes reported that Jenner's previous claims about her wealth and her company, Kylie Cosmetics, were... Read more ...

Coronavirus DIDN'T start in Wuhan wet market but ‘super spreader' brought it...

Coronavirus DIDN'T start in Wuhan wet market but ‘super spreader' brought it there, Chinese researchers claim

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The coronavirus pandemic is messing with how economic data is produced, and...

The coronavirus pandemic is messing with how economic data is produced, and making it hard to work out how badly it's hitting the global economy, the IMF says

The coronavirus is skewing economic data and making it hard to collect, which is in turn making it difficult to understand the full scale of the virus' impact on the world... Read more ...