#SmartDissent Retail Summary (22/x):
Walmart has hired more than 100,000 new workers over the past three weeks to help it keep shelves stocked and fulfill online orders during the COVID-19 pandemic.
cnbc.com/2020/04/09/wal…
Walmart has hired more than 100,000 new workers over the past three weeks to help it keep shelves stocked and fulfill online orders during the COVID-19 pandemic.
cnbc.com/2020/04/09/wal…
#SmartDissent Retail Summary (23/x):
Nordstrom has already taken a number of measures... It has furloughed the majority of its workforce, suspended its quarterly dividend, drawn down $800MM on its revolving credit facility.
cnbc.com/2020/04/08/cor…
Nordstrom has already taken a number of measures... It has furloughed the majority of its workforce, suspended its quarterly dividend, drawn down $800MM on its revolving credit facility.
cnbc.com/2020/04/08/cor…
#SmartDissent Retail Summary (24/x):
America’s department store chains have seen their odds of defaulting escalate more than any other consumer-facing companies over the past month... one-year probability of default... jumped to higher than 40%...
cnbc.com/2020/04/09/cor…
America’s department store chains have seen their odds of defaulting escalate more than any other consumer-facing companies over the past month... one-year probability of default... jumped to higher than 40%...
cnbc.com/2020/04/09/cor…
#SmartDissent Retail Summary (25/x):
Walmart has temporarily closed some stores as well as an e-commerce fulfillment center where workers have turned up sick. “We have lost some associates, and that is obviously painful.”
winsightgrocerybusiness.com/retailers/walm…
Walmart has temporarily closed some stores as well as an e-commerce fulfillment center where workers have turned up sick. “We have lost some associates, and that is obviously painful.”
winsightgrocerybusiness.com/retailers/walm…
#SmartDissent Retail Summary (26/x):
To help prevent the spread of novel coronavirus (COVID-19), hard discount grocers Aldi and Lidl are implementing occupancy restrictions in their stores to increase physical distancing between shoppers and employees.
supermarketnews.com/issues-trends/…
To help prevent the spread of novel coronavirus (COVID-19), hard discount grocers Aldi and Lidl are implementing occupancy restrictions in their stores to increase physical distancing between shoppers and employees.
supermarketnews.com/issues-trends/…
#SmartDissent Retail Summary (27/x):
Nearly 4.8 billion square feet of retail floorspace has closed across the U.S., or 54.8 percent of the total...more than 258,366 store units that have shuttered, or 60.8 percent...
cpexecutive.com/post/virus-res…
Nearly 4.8 billion square feet of retail floorspace has closed across the U.S., or 54.8 percent of the total...more than 258,366 store units that have shuttered, or 60.8 percent...
cpexecutive.com/post/virus-res…
