Dive Brief: Nordstrom June 3 notified landlords of its full-line and off-price Rack stores that it will pay only half the occupancy costs for the remainder of the year, according to a letter from President of Stores Jamie Nordstrom to property owners, which was obtained by Retail Dive. A Nordstrom spokesperson didn’t immediately respond to
People walk past a Nike store in New York. Carlo Allegri | Reuters On the same day that Nike announced dismal earnings, CEO John Donahoe sent an email to employees warning them that layoffs are coming. “We will soon be forced to make some difficult choices that will likely result in a net reduction of jobs,” the
Amazon.com Inc on Thursday said it was recommending that employees globally work from home this month if they are able to do so, while warehouses and other facilities stayed operational so packages could keep shipping to customers. The policy, an update to an earlier advisory that employees in just a handful of regions work remotely,
The fitting rooms at Rent the Runway’s flagship store in New York City. Source: Rent the Runway Rent the Runway is assuring its customers that its cleaning practices “are designed to kill viruses such as the common cold and flu,” in the midst of a deadly outbreak of a new type of coronavirus. The clothing
By Nandita Bose and Jeffrey Dastin WASHINGTON – Amazon.com Inc uses “aggregated data” from sellers in its third-party marketplace to improve its overall business, the online retailer said in response to a congressional antitrust probe that could raise concerns with such sellers. Such data, also culled from public sources and Amazon’s first-party sales, is available
A cargo chip (L) arrives into the Port of Los Angeles, the busiest container port in the U.S., after departing from the Port of Yantian, China, on November 7, 2019 in San Pedro, California. Mario Tama | Getty Images President Trump announced a month ago that his administration had clinched a trade deal with China.