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At least seven Debenhams stores to close with loss of 400 jobs | Business

At least seven Debenhams department stores will not reopen after the high street lockdown eases, resulting in the loss of more than 400 jobs. The department store, which collapsed into administration last week, is understood to be exiting the seven stores, including in Salisbury, Westfield in west London, Leamington Spa and South Shields, as it …

At least seven Debenhams stores to close with loss of 400 jobs | BusinessRead More

E-commerce cos resuming ops, clearing order backlog could take at least a week, Retail News, ET Retail

New Delhi : E-commerce companies like Amazon and Grofers are gradually resuming services across various cities they operate in, but it will take at least a week or so to clear the pending orders, according to industry executives. E-commerce companies have been struggling to deliver orders after the government ordered 21-day lockdown, to contain the …

E-commerce cos resuming ops, clearing order backlog could take at least a week, Retail News, ET RetailRead More

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

At least 150 companies have warned investorsRead More