Consumer News

Regal Cinemas Closing All Locations Due to COVID-19

Regal Cinemas Closing All Locations Due to COVID-19

Regal Cinemas is closing its doors once again amid the coronavirus (COVID-19) pandemic. The theater chain, which is the second-biggest in the country, announced on Monday, October 5 that they will be suspending operations. Cineworld, which is the U.K. parent company of Regal, is shutting down all 536 Regal locations …

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Amazon Reveals Nearly 20K Workers Got COVID-19

Amazon Reveals Nearly 20K Workers Got COVID-19

Just hours before President Donald Trump revealed he tested positive for COVID-19, Amazon shared that 19,816 of their frontline employees have tested positive for the virus.  This information was shared with the public via a blog post on Thursday, October 1, and detailed how the major company gathered data on …

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H&M to Have 250 Fewer Locations in 2021

H&M to Have 250 Fewer Locations in 2021

After what’s been a crazy past few months for the retail industry, another chain has decided to shut down a few of their stores in the new year. H&M announced on Thursday, October 1 that they’re planning to close 250 stores in 2021 in order to focus more heavily on …

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Nordstrom Plans to Stop Selling Fur Products by 2021

Nordstrom Plans to Stop Selling Fur Products by 2021

Things are changing at Nordstrom in 2021. The popular fashion department store has announced they will stop selling products containing fur by the end of next year. The announcement, which was made on Tuesday, September 29, also revealed the chain will not be selling products containing exotic animal skin as …

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Ralph Lauren Cutting Workforce by 15%

Ralph Lauren Cutting Workforce by 15%

Like many other retail businesses around the world, Ralph Lauren has decided to cut its global workforce. The company announced the change-up on Tuesday, September 22, and revealed the new plan. While it is easy to assume COVID-19 is to blame for the budget cuts, retail businesses have been trying …

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Walmart Debuts New Fashion Brand

Walmart Debuts New Fashion Brand

Walmart is of course known for having great deals on everyday items, such as groceries, kitchen appliances, and electronics, but now they’re entering the fashion game. The company announced on Monday, September 21 their new private label clothing brand called Free Assembly. The line, which will be led by retail …

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Rent the Runway Ending Unlimited Monthly Subscription

Rent the Runway Ending Unlimited Monthly Subscription

Rent the Runway is making some changes to their subscription service, and they’re happening ASAP. The online clothing rental service announced on Thursday, September 17 that they’ll be canceling their “Unlimited Swap” subscription option and replacing it with new membership options.  While it’s easy to assume these changes are happening …

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Kohl’s Lays Off 15% of Corporate Employees

Kohl’s Lays Off 15% of Corporate Employees

As COVID-19 continues to hurt businesses around the country, retail chains are having to make some very tough decisions. In order to avoid bankruptcy and store closures, countless businesses are being forced to layoff a percentage of their employees. Though it’s not an easy decision and certainly not what any …

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