retailers

GNC filed for bankruptcy, saying it will shutter more than 15 percent of its stores after state-ordered coronavirus lockdowns crimped sales this spring. The 85 year-old supplements seller — which struggled with sagging sales in recent years, even as it shouldered more than $700 million in debt — said in a Chapter 11 late Tuesday …

That didn’t last long. Less than a month after it began reopening, Apple said Friday it will be closing 11 stores as coronavirus cases rise in states that have lifted their lockdowns. The 11 stores are in Arizona, Florida, North Carolina and South Carolina. Customers who left devices at the stores for repairs will have …

TOKYO, June 19 – Japanese shoppers queued at Uniqlo stores and crashed its website on Friday as the clothing chain began selling face masks with breathable fabric used in the brand’s popular underwear, preparing for the coronavirus outbreak lasting through summer. Scenes of people standing in the rain waiting for stores to open were seen …

PARIS – Carrefour and Google said on Tuesday they were launching a voice-based grocery shopping service in France as part of the French retailer’s ambition to accelerate its expansion into food e-commerce. The service works via Google Assistant — a digital voice assistance service on smartphones and other devices — and is part of a …

LONDON — Long lines stretched along streets across England as shops selling items considered as nonessential during the coronavirus pandemic, such as sneakers and toys, welcomed customers on Monday for the first time since the U.K. was put into lockdown in late March. Starved of the retail experience for the best part of three months, …

The US mattress business has bounced back after months of shutdowns from the coronavirus pandemic kept customers away. Sales at Holder Mattress Co. were up about 30 percent last month, compared with a year ago, after the company started letting people back into its two northern Indiana stores, said Lauren Taylor, president and granddaughter of …

The nation’s biggest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry. It is the second major retail deal signed before the virus hit the US to crumble. The sale of Victoria’s Secret to a private equity group fell apart last …

The US could see 20,000 to 25,000 store closures as coronavirus-spurred joblessness and sheltering in place have decimated brick-and-mortar retail sales, according to stats released Tuesday. Coresight Research’s data also indicate that 55 percent to 60 percent of the unlucky retailers reside in malls. It’s sobering news for physical retailers of all locations, given that …

The Neiman Marcus store at Hudson Yards is being eyed for office space. Opened barely a year ago at the swanky mega mall it anchored on Manhattan’s West Side, the bankrupt luxury retailer is considering closing the store for good while its landlord shops the three-story, 188,000-square-foot space to office tenants, according to reports. Related …

Macy’s said on Tuesday its 450 reopened stores were performing better than expected, giving some respite for the department store chain that reported nearly $1 billion in quarterly operating losses due to COVID-19 lockdowns. The company’s shares rose 12 percent in premarket trading, a day after Macy’s said it had raised $4.5 billion to navigate …