Singapore retail to receive rental rebate amid COVID-19
Singapore-based real estate operating company City Developments Limited has said it will give rental relief and support...April 8, 2020
Debenhams files for administration amid COVID-19 store closures
UK-based retailer Debenhams filed a Notice of Intent (NOI) to appoint an administrator, following store closures as...April 6, 2020
Douglas to pay 80% of salaries for furloughed employees during COVID-19
German retailer Douglas will pay its part-time store employees and headquarter staff who have been furloughed 80%...April 6, 2020
Superdrug launches same-day delivery service amid COVID-19
UK-based retailer Superdrug launched its same-day courier service called “Store to Door” for online orders amid the...April 6, 2020
Neiman Marcus furthers bankruptcy preparation
US-based retailer Neiman Marcus has stepped up preparations to seek bankruptcy protection, according to a report by...April 6, 2020
Amazon postpones Prime Day due to COVID-19
Amazon is postponing its shopping event Prime Day until at least August due to COVID-19, according to...April 6, 2020
Space NK closes Chinese stores
UK-based beauty retailer Space NK has begun closing its stores in China. The retailer says the closures...April 3, 2020
Lush Europe suspends online orders, US stores cut staff
Lush has suspended online orders for its UK and other European sites amid the COVID-19 outbreak. The...April 3, 2020
Ulta Beauty to suspend new hires, reduce store openings amid COVID-19
US-based beauty retailer Ulta Beauty will reduce expense plans, suspend new hires and defer pay increases for...April 3, 2020
Walgreens Boots Alliances sales grow 3.7% in second quarter fiscal 2020
Walgreens Boots Alliance (WBA) reported sales growth of 3.7% year-over-year to $35.8bn for its fiscal 2020 second-quarter...April 2, 2020
Half of Chinese consumers optimistic about economic recovery
Some 50% of Chinese consumers say they are optimistic that the economy may recover two to three...April 2, 2020
Galeria Karstadt Kaufhof applies for creditor protection due to COVID-19 impact
German department store Galeria Karstadt Kaufhof has applied for creditor protection due to the COVID-19 outbreak. The...April 2, 2020
Zalando offers retailers online platform amid store closures
Online retailer Zalando is offering its Connected Retail program to German- and Netherlands-based physical retailers to maintain...April 2, 2020
Lotte Duty Free opens Smart Store
Lotte Duty Free opened a digitally driven Smart Store in the Star Avenue corner of its Myeongdong...April 2, 2020
The Perfume Shop suspends online deliveries
UK-based fragrance retailer The Perfume Shop (AS Watson Group) has suspended online deliveries as of April 1...April 1, 2020
Hong Kong retail sales drop 31.8% in first two months of 2020
Hong Kong’s total retail sales plunged 44% to $22.7bn in February compared with the same month last...April 1, 2020
Sephora Americas to lay off some part-time and seasonal employees amid COVID-19
Sephora’s US locations will be laying off some of its part-time and seasonal store employees due to...April 1, 2020
Ulta Beauty increases distribution center wages
US-based beauty retailer Ulta Beauty will pay its distribution center workers a $2-per-hour wage premium, in recognition...March 31, 2020
Macy’s to furlough most of its workforce
US-based department store Macy’s is to furlough most of its workforce this week, as the COVID-19 pandemic...March 30, 2020
South Korea retail grows 9.1% thanks to online sales
South Korea’s overall retail sales rose 9.1% in February compared to the same period last year, thanks...March 30, 2020
Douglas opens up online marketplace to more retailers and brands to help offset lost sales from COVID-19
Germany-based beauty retailer Douglas is to facilitate access to its online marketplace for retailers and brands in...March 25, 2020
Ulta Beauty draws down $800m under revolving credit amid COVID-19
US-based beauty retailer Ulta Beauty recently drew down $800m under its revolving credit facility in its updated...March 24, 2020
UK goes into lockdown
The UK announced the closure of all non-essential shops and at-home confinement to help curb the spread...March 24, 2020
Zoom in on: How retailers are looking to sell with their stores closed
An insight into how retailers are looking to communicate and sell to their consumers when their stores...March 23, 2020
Interview: Beauty Success Group director of franchise operations Dominique Munier
Just before COVID-19 hit hard in Europe and governments began ordering store closures, BW Confidential sat down...March 23, 2020
Companies to lose some €1 trillion in brand value due to COVID-19
The world’s biggest companies could lose up to €1 trillion in brand value due to the impact...March 20, 2020
Douglas suspends in-store operations due to COVID-19
German-based beauty retailer Douglas has suspended trading at its stores in most of its European markets due...March 18, 2020
Ulta Beauty closes all locations until March 31
US-based beauty retailer Ulta Beauty will close all of its 1,254 locations due to the spread of...March 18, 2020
Sephora to close all North American locations until April 3
Beauty retailer Sephora will close all of its US and Canadian locations from March 17 until April...March 17, 2020
Glossier to temporarily close retail locations due to COVID-19
Beauty brand Glossier is to close its permanent and temporary retail locations in the US and the...March 13, 2020