New Balance To Make Medical Masks

New Balance said it will be making medical-grade face masks at its U.S. plants as hospitals continue to face shortages of safety equipment amid the spread of the coronavirus.

Stage Stores Provides COVID-19 Business Update

Stage Stores Inc. announced a series of steps the company is taking to reduce costs and preserve liquidity in response to increasingly challenging market conditions and the impact of the COVID-19 pandemic.

Kohl’s Furloughs Workers Amid Extended Store Closures

Kohl’s said it will temporarily furlough store and store distribution center associates, as well as some corporate office associates, whose work has been significantly reduced by the store closures. Kohl’s also announced that it will extend the duration of its temporary store closures until further notice. 

USA Cycling Sees 30 Percent Revenue Decline In 2020

USA Cycling said it made the difficult but necessary decision to reduce its staff size by 15 percent and place an additional 25 percent on furlough for two to four months in anticipation of a 30 percent revenue reduction due to the COVID-19 coronavirus pandemic. 

Macy’s Continues Store Closures, Announces Furloughs

Macy’s Inc. announced that its stores, which have been closed since March 18 due to the coronavirus, will remain closed until “we have a clear line of sight on when it is safe to reopen.” The company also announced that the “majority” of its employees will go on furlough beginning this week.

Danskin Helps Drive Q4 Growth For Iconix Brand Group

Iconix Brand Group Inc. reported a strong improvement in earnings on an adjusted basis in the fourth quarter due to lower expenses and a small gain in revenue. The gains were helped by a sharp improvement in the Women’s segment led by the Danskin and Rampage brands.

Snow Sports Specialty Channel Coping With Lost Spring

With ski resorts emptied and shops shuttered because of the coronavirus, what should be a booming season for snow sports specialty retailers has become the spring of their discontent. The channel is seeking ways to cope, but there’s no playbook for navigating this uncharted, unprecedented crisis.

Grassroots Outdoor Alliance Cancels June Connect Show

Grassroots Outdoor Alliance has canceled its Grassroots Connect show scheduled for June 12-15 in Knoxville, TN due to the coronavirus. The association will move ahead with a collaborative digital framework to support the spring buying cycle during the month of June.

Bass Pro’s Flagship In Springfield Closes Temporarily

Bass Pro Shops’ flagship store in Springfield, MO is temporarily closing amid the Coronavirus pandemic due to new stay-at-home orders in the state. The retailer already noted that it had reduced hours and limited access to 25 customers at a time.

Kathmandu Shutters Locations, Rolls Out Cost-Containment Efforts

Kathmandu Holdings Ltd said its New Zealand retail stores and distribution centers were closed on March 24 and is in the process of closing its Australian stores as a result of the coronavirus. The company also introduced a number of steps to conserve liquidity and streamline the business in the current environment.