Crisis Management

Amazon to Convert More Whole Foods Locations Into 'Dark Stores'
May 19, 2020 at 9:50 am

Amazon.com is converting more of its Whole Foods locations into "dark stores," which are dedicated solely to fulfilling online orders. The move is part of an effort by Amazon to keep up with increased demand for groceries during the coronavirus pandemic, according to a FOX Business report. “With stay-at-home orders in place, customers have generated unprecedented demand for grocery delivery,"…

J.C. Penney Files for Bankruptcy Protection
May 17, 2020 at 4:48 pm

J.C. Penney filed for bankruptcy protection on Friday with plans to permanently close some stores and also explore a possible sale. The department store chain, known for selling family apparel, cosmetics and jewelry at 850 locations, said it reached an agreement with existing lenders for $900 million of debtor-in-possession financing to aid operations while it navigates…

COVID-19 Resources: Leadership, Wellness, Remote Working Tips, and More
May 15, 2020 at 5:12 pm

Welcome to this week's Retail Resources, which features a curated list of the best content and resources that I hope will help you navigate through the coronavirus pandemic. This week, I offer information and resources about leadership, wellness, remote working tips, and more. If there's anything you would like me to share in a future post,…

COVID 19 Resources: Business Strategies, Wellness Tips, and Personal Finance Info.
May 10, 2020 at 7:25 pm

Welcome to this week's Retail Resources, which features a curated list of the best content and resources that I hope will help you navigate through the coronavirus pandemic. This week I offer information and resources about business strategies, wellness tips, and personal finance information. If there's anything you would like me to share in a…

A Restructuring Playbook for Retailers Post-COVID
May 7, 2020 at 6:07 pm

During the Women in Retail and Total Retail Virtual Lounge, held on April 28, Mike Edwards, CEO and president of Hanna Andersson, participated in a live interview that touched on a variety of topics, from leadership strategy to his plan for reopening the brand's brick-and-mortar stores to how he sees consumer behavior shifting post-COVID. In…

Reports: J.Crew, J.C. Penney, Neiman Marcus Group May File for Chapter 11 by Mid-May
May 3, 2020 at 8:12 pm

Three high-profile, but struggling retailers — J.Crew Group, Neiman Marcus Group, and J.C. Penney Co. — may be preparing to file for Chapter 11 bankruptcy protection by mid-May, according to several reports. Here are some details: J.Crew is working to secure $400 million to fund operations in bankruptcy. The privately held retailer was already struggling with a heavy debt load, but its…

COVID-19 Resources: Leadership, Data, Employment Info., and Fun Stuff
May 3, 2020 at 7:36 pm

Welcome to this week's Retail Resources blog post, a curated list of the best content and resources I've seen over the past week that I hope will help you navigate through the coronavirus pandemic. This week I offer information about leadership, interesting data, employment information, and fun stuff that will hopefully help improve your spirits!…

Neiman Marcus Likely to File for Bankruptcy Protection This Week
April 26, 2020 at 7:45 pm

Neiman Marcus Group is preparing to file for bankruptcy protection this week, becoming the first major U.S. department store operator to succumb to the economic fallout from the coronavirus outbreak, people familiar with the matter told CNBC. Neiman Marcus, which is held by Ares Management Corp. and the Canada Pension Plan Investment Board (CPPIB), is…

COVID-19 Resources: Legislative Updates, Leadership Strategies and Fun Stuff
April 26, 2020 at 6:58 pm

Welcome to this week's Retail Resources, a blog created to offer retailers the most relevant information and resources from the past week to help you lead during this challenging time. If there's anything you would like me to share in a future post, please let me know by dropping me a line at mcampanelli@napco.com. Legislative Updates…