Belk Reopens Additional Stores Across The South

Belk announced it will continue to open stores across its 16-state footprint following temporary closures due to COVID-19. On May 8, stores in Florida, Texas, Alabama and Mississippi opened. North Carolina stores will officially open on May 11.

Nordstrom Reveals Locations Of 16 Stores To Close

Nordstrom provided a list of 16 full-line stores it plans to close. On May 6, Nordstrom announced plans to permanently close 16 of its 116 full-line stores and announced other additional actions to increase flexibility and agility in response to COVID-19.

Stage Stores Files For Bankruptcy

Stage Stores Inc. filed for bankruptcy protection. The company will simultaneously solicit bids for a going concern sale of the business or any of its assets and initiate an orderly wind-down of operations. The company will terminate the wind-down of operations at certain locations if it receives a viable going-concern bid.

Tilly’s Q1 Revenues Drop 41 Percent

Tilly’s Inc. reported sales in the first quarter fell 41 percent due to COVID-19-related store closures despite a 55 percent hike in online sales.  The action sports retailer also announced certain store reopening plans and provided other business updates, including plans to withhold rent payments for April and May. 

Dorel Sports Swings To Loss On Covid-19

Dorel Sports showed an operating loss of $611,000 due to the impact of COVID-19. The business showed its fourth consecutive quarter of revenue growth as April bicycle sales surged with stay-at-home families seeking exercise and alternatives to vacations.

Roots To Close Five U.S. Stores

Roots, the Canadian outdoor lifestyle brand, said it is permanently closing its stores in Boston, Washington and Chicago, as well as its pop-up location in Woodbury Common, New York. Two stores in Michigan and Utah will remain open.

Callaway Hoping Short-Term Impact Leads To Long-Term Growth

Callaway Golf Co. reported first-quarter net sales decreased 14 percent due to the negative impact of the COVID-19 pandemic on both the golf equipment and soft goods operating segments globally, but the company is hopeful that the short-term pain will eventually yield to long-term success as the golf industry returns to normal.