retail
-
As the COVID-19 Crisis Continues, Retail Takes a Devastating Dive
As we measure the ongoing effects of COVID-19, loss of life and public health should remain chief among our concerns—despite any GOP rhetoric to the contrary. But America’s economic health is also in jeopardy, as evidenced by what the New York Times writes are “a number of reports that highlight just how badly the economy…
-
As COVID-19 Closures Continue, America's Biggest Retailers Furlough Employees
If I’m honest, I’ve had a longstanding love-hate relationship with the retail juggernaut known as Macy’s. Love, because I spent decades modeling for their catalogs and e-commerce site, working with some of the coolest, kindest people around. Hate, because growing up in the Midwest, shopping at much-beloved department stores like Chicago’s Marshall Field’s and the…
-
Virginia Beauty Supply Accused of Racial Profiling After Black Teens Are Mistaken for Shoplifters and Locked in Store
Racial profiling in retail environments is unfortunately nothing new; many of us are all too familiar with “extra attention” while innocently browsing a store, and reports of incidents have seemingly been unceasing since the advent of social media. Whether being accused of stealing from the soon-to-be-shuttered luxury retailer Barneys or finding black beauty products locked…
-
Forever 21 Announces Bankruptcy Filing and Plans to Close Over 100 U.S. Stores
Has “fast-fashion” moved too fast? That’s the question many industry insiders are asking, after millennial and Gen Z fast-fashion favorite Forever 21 filed for bankruptcy late Sunday night, confirming concerns that had been mounting for months about the retailer’s future. As reported by the New York Times, as a result of the Chapter 11 filing,…
-
Are Forever 21's Days Numbered? The Fast-Fashion Retailer Becomes the Latest to Eye Bankruptcy
I have a justifiable dread about the state of retail stores in America, perhaps spurred on by the abandoned mall of my youth, a one-time mecca of teenage frisson overgrown with weeds and decay before finally being demolished. One of the inevitable caveats of Al Gore’s internet has been the demise of the brick-and-mortar location,…
-
Grand Closing: Topshop to Shutter All U.S. Stores
By now, we’re all well-acquainted with the power of the Fenty Effect, but did the Beyoncé backlash contribute to the closing of Topshop’s U.S. stores? On Thursday, the beleaguered U.K.-based brand announced that after a decade in the U.S., it would be shuttering all 11 of its American retail locations. The move comes amid a…