Luxury Daily
The authority in luxury news.
June 12, 2025
  1. Luxury Unfiltered: When bronzes go bust, and why the art market is collapsing
  2. ‘Gen Z is looking to reconnect with the world around them’: Pinterest
  3. Is the sea of sameness killing luxury?
  4. L’Oréal hosts inaugural Longevity event in Paris
  5. Louis Vuitton welcomes actor Jeremy Allen White as ambassador
  6. Kering Eyewear acquires Italian manufacturer Lenti
  7. Tag Heuer circles back as Goodwood Festival of Speed sponsor
  8. Rebag links with Luxury Stores at Amazon
  9. Gucci uplifts GG Monogram in throwback campaign
  10. Luxury Unfiltered: Why brands must ditch the 4Ps of marketing in the midst of paradigm shifts
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

Store closures cleave retail into haves and have-nots as March revenue drop is worst on record

April 15, 2020

COVID-19 is creating a retail market of haves and have-nots: National Retail Federation. Image credit: NRF COVID-19 is creating a retail market of haves and have-nots: National Retail Federation. Image credit: NRF

 

By Luxury Daily News Service

Retail sales in the United States posted their biggest monthly drop on record during March as the COVID-19 coronavirus pandemic temporarily shuttered restaurants, bars and many stores nationwide, with stay-at-home mandates also affecting gas sales.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Luxury Unfiltered: When bronzes go bust, and why the art market is collapsing
  2. ‘Gen Z is looking to reconnect with the world around them’: Pinterest
  3. Is the sea of sameness killing luxury?
  4. L’Oréal hosts inaugural Longevity event in Paris
  5. Louis Vuitton welcomes actor Jeremy Allen White as ambassador
  6. Kering Eyewear acquires Italian manufacturer Lenti
  7. Tag Heuer circles back as Goodwood Festival of Speed sponsor
  8. Rebag links with Luxury Stores at Amazon
  9. Gucci uplifts GG Monogram in throwback campaign
  10. Luxury Unfiltered: Why brands must ditch the 4Ps of marketing in the midst of paradigm shifts
VIDEOS
More Videos

MORE IN Retail
Rebag links with Luxury Stores at Amazon
Farfetch launches on Coupang’s R.Lux shopping app
The RealReal sets up shop in Summit, New Jersey
Vestiaire Collective launches ‘Vintage Days’
Bugatti opens new Washington showroom
Printemps unveils VIP shopping suite at Haussmann flagship



RECENT ARTICLES
L’Oréal hosts inaugural Longevity event in Paris
Alfa Romeo signs on as sponsor of Italian sailing team
Four Seasons Hotel Boston celebrates 40th anniversary

‘Gen Z is looking to reconnect with the world around them’: Pinterest
Luxury Unfiltered: When bronzes go bust, and why the art market is collapsing
Cunard collaborates with Abbey Road Studios