“This is the most difficult decision we have made in our company’s long history,” CEO Erik Nordstrom said in a statement.
Tiffany Montgomery
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Some Landlords Offering Rent Relief to Retailers
We also checked in with a retail expert for tips on how retailers should be approaching landlords about rent relief.
The Buckle Records Q4 and 2019 Comp Gain
Some good news emerged for the industry customer that has had a few tough years.
VF Draws Down Loan, Hawaii Urges Visitors to Stay Home, Other Coronavirus Updates
Plus, why some brands have had to cut off e-commerce sales as well.
Volcom Furloughs Majority of Staff
We are sad to report that the economic shock caused by the coronavirus caused Volcom to furlough 75% of its staff in the U.S. and nearly 100% of its staff in Europe this week.
California Orders Residents to Stay Home
Tonight we are hearing of a few California-based companies in our space shutting down everything, including distribution centers.
Brands Create Programs to Help Independent Retailers
Several industry brands are coming up with innovative programs to help specialty retailers during this unprecedented time.
Zumiez to Close All Stores in North America
The stores will close tomorrow through at least April 3. The company’s Blue Tomato chain in Europe is also closed.
Wanderlust Embraces Instagram Stories to Drive Sales During Crisis
We are inspired by how Wanderlust Land & Sea in New Jersey is using social media and humor to drive sales and build community during this challenging time.
Update: Orange County Walks Back Strict Health Order
Orange County had to walk back a stringent new health order after it caused mass confusion in the business community. Stores and businesses are now not required to close.
Boardriders Sells Xcel Wetsuits
Details about the buyer and why Boardriders sold the well-regarded wetsuit brand.
Updated: Macy’s, Nordstrom, Burton, Buckle, Ron Jon to Close Stores
Many other industry accounts are closing stores in hopes of slowing the spread of the coronavirus. South Coast Plaza in Orange County has also closed.
