Shopping and Retail

May 14, 2020

The Coronavirus Pandemic Helped Topple J. Crew and Neiman Marcus. So Did Private Equity.

J. Crew and Neiman Marcus were each facing a host of issues before the coronavirus pandemic forced them to close their stores and eventually file for […]
May 14, 2020

Jeff Bezos and Anna Wintour Partner Up

Finally, Jeff Bezos is really in fashion. On Thursday, Amazon rode to the rescue of the beleaguered American industry — or at least one particularly challenged […]
May 12, 2020

Designers Revolt Against the Shopping Cycle

Is Black Friday as we know it over, at least when it comes to shopping for clothes? The coronavirus pandemic may have stopped the motor of […]
May 11, 2020

Will Shopping Ever Be the Same?

When department stores reopen their doors, a familiar whoosh will still greet customers at the entrance: the sudden gust of air-conditioning, the gleam of polished marble […]
May 11, 2020

When the Mall Reopened, She Was Ready

Malls, retail stores, restaurants and movie theaters sprawled across Texas were allowed to reopen on May 1, for the first time since March 31, when Gov. […]
May 7, 2020

Neiman Marcus Files for Bankruptcy

In March 2019, the luxury retailer Neiman Marcus opened its first outpost in Manhattan. Spread over three floors and 188,000 square feet, the store was an […]
May 4, 2020

Victoria’s Secret Sale to Private Equity Firm Falls Apart

The plan to sell Victoria’s Secret to a private equity firm was mutually terminated on Monday after the buyer, Sycamore Partners, tried to back out of […]
May 4, 2020

For Joanna Gaines, Home Is the Heart of a Food and Design Empire

The first Chip Gaines heard of avocado toast was in 2017. He and his wife, Joanna, were about to open a 200-seat restaurant in downtown Waco, […]
May 4, 2020

J. Crew Files for Bankruptcy in Virus’s First Big Retail Casualty

J. Crew, the mass-market clothing company whose preppy-with-a-twist products were worn by Michelle Obama and appeared at New York Fashion Week, filed for bankruptcy protection on […]
April 30, 2020

Macy’s Plans to Reopen All of Its 775 Stores in 6 to 8 Weeks

Macy’s, one of the biggest department store chains in the United States, announced an ambitious plan on Thursday to reopen all of its 775 locations, including […]