Retail

The government agency has advised businesses and retailers to implement procedures from mandating masks be worn by employees and customers, asking customers to follow social distancing rules and limiting the number of customers allowed inside a business at one time in order to limit the virus spread. 

Dick's Sporting Goods reported record earnings and sales as the coronavirus caused customers to load up on home-fitness products.

Lidl has announced plans for a $500 million investment to open 50 new stores by the end of 2021 which will create 2,000 jobs and bring the company's total to more than 150 grocery locations.

Nordstrom reported a bigger-than-expected loss on Tuesday, as the COVID-19 pandemic shut its stores for about half of the reported quarter and consumers stayed home with little need for designer clothes.

Amazon is moving ahead with plans to launch a luxury brand platform as early as September, according to multiple reports.

As part of Nike's Consumer Direct Offense strategy, the company will no longer sell to nine major wholesale retail partners including Belk, Dillard’s, Zappos, Boscov’s, Bob’s Stores, Fred Meyer, EBLens, VIM and City Blue, according to a note to investors by Susquehanna Financial Group analyst Sam Poser. 

Singapore is now home to the world's first and only floating Apple retail store. 

Big-box retailers enjoying strong sales and profits over the last couple of weeks partially attribute their success to pre-COVID-19 pandemic efforts to take on e-commerce giant Amazon.

Best Buy reported earnings and revenue that outpaced expectations as customers stocked up on products useful for sheltering at home.

Sources said a small number of stores are slated to reopen as soon as the end of August and will operate on an appointment-only basis for the immediate future.

French luxury goods giant LVMH and U.S. jewelry chain Tiffany will give themselves another three months to complete their $16.2 billion tie-up after the deal did not close on the Aug. 24 date set out in deal documents, a source familiar with the discussions said.

James is a native of Akron, Ohio, the same city in which Goodyear has its headquarters.

Deere now expects net income of about $2.25 billion for the full year, higher than $1.6 billion-$2 billion estimated earlier.

It's 7-Eleven's most popular flavored hot beverage.

"Upon discovering this inconsistency, we immediately retained a leading forensic analysis firm to promptly investigate the matter," Instacart said. "The results of our joint investigation confirmed that these two individuals viewed a limited set of shopper information that may have included name, email address, telephone number, driver’s license number, and a thumbnail image of the driver’s license."

Goodyear CEO Rich Kramer said presentation slide “was not approved or distributed by Goodyear Corporate or anyone outside of that facility.”