Global clothing retailer Inditex, parent company of Zara, on Wednesday (March 16) in its 2021 full-year and fourth-quarter earnings presentation said it expects 30% of...
The pandemic’s harsh impacts on retail continue to show themselves as brands report plummeting quarterly earnings and eye additional store closings. Inditex revealed what could be a...
There are now not one, but two digital shifts occurring as the COVID-19 pandemic continues to disrupt consumer shopping habits. The first is the consumer-driven...
When the world’s largest fashion retailer announced this week that was closing about 16 percent of its stores, the move surprised the industry as well...
The digital shift continued to show its dramatic potential to change retailing today, as three companies announced major changes to their business models. No less...
Inditex, the owner of brands such as Massimo Dutti and Zara, is having its clothing manufacturing facilities in Spain produce medical supplies, while its logistics hub...
The coronavirus is changing retail compensation, operations, logistics and hiring. Here are the latest updates on the coronavirus focusing on retail. Target is providing bonuses to thousands...
The coronavirus is closing malls and leading to layoffs at restaurants while boosting laptop sales amid a move to remote work, among other economic impacts. Here are...
Businesses that are in one lane, like hospitality and fashion, could be temporarily pivoting to help in the ongoing coronavirus crisis. For example, The Wall...