Fashion Store Worked Around Closing Orders Using Instagram

ST. PETERSBURG, FL — Detox, Designer Resale Boutique made up for a slump in-store sales suffered after it was temporarily closed for 30 days at the start of the coronavirus pandemic selling its clothes through Instagram Stories.

Husband and wife co-owners Jake Walsh and Kylie Walsh started using Instagram to model their consignment shop’s clothes in February. The visuals excited customers who were bored at home during Florida’s statewide stay-at-home coronavirus order.

“We have a lot of success with posting things on our Instagram Story,” Jake told Patch. “During our closure, we took most inventory home and just modeled it on Instagram, and we also did a few consignments then.”

Jake said they maxed out their Instagram Stories every day, which many followers told them it was like watching the Home Shopping Network. Customers appreciated the Walshes providing exact measurements of the clothing items online since they were unable to

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Vista Outdoor Announces Closing of the Acquisition of Remington Outdoor Company’s Ammunition and Accessories Assets | News

ANOKA, Minn., Oct. 13, 2020 /PRNewswire/ — Vista Outdoor Inc. (NYSE: VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today announced the successful closing of the acquisition of certain assets related to Remington Outdoor Company’s ammunition and accessories businesses, and related intellectual property for a gross purchase price of $81.4 million.  Vista Outdoor expects the transaction to be accretive to earnings, excluding transaction and transition costs, in Fiscal Year 2022. For calendar year 2019, aggregate net sales by the Remington ammunition and accessories brands were approximately $200 million.

Chris Metz, Chief Executive Officer, said, “The migration back to nature and into the outdoors is the future. The combination of beloved ammunition brands created by this transaction will benefit shooting sports enthusiasts, outdoor recreation retailers and Vista Outdoor for many years to come. We look forward to welcoming the

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Vista Outdoor Announces Closing of the Acquisition of Remington Outdoor Company’s Ammunition and Accessories Assets

ANOKA, Minn., Oct. 13, 2020 /PRNewswire/ — Vista Outdoor Inc. (NYSE: VSTO), a leading global designer, manufacturer and marketer of products in the outdoor sports and recreation markets, today announced the successful closing of the acquisition of certain assets related to Remington Outdoor Company’s ammunition and accessories businesses, and related intellectual property for a gross purchase price of $81.4 million.  Vista Outdoor expects the transaction to be accretive to earnings, excluding transaction and transition costs, in Fiscal Year 2022. For calendar year 2019, aggregate net sales by the Remington ammunition and accessories brands were approximately $200 million.

Chris Metz, Chief Executive Officer, said, “The migration back to nature and into the outdoors is the future. The combination of beloved ammunition brands created by this transaction will benefit shooting sports enthusiasts, outdoor recreation retailers and Vista Outdoor for many years to come. We look forward to welcoming the

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Fresno clothing retailer is closing some stores, filing for bankruptcy due to COVID-19

The coronavirus pandemic has caused Patrick James, the Fresno-based men’s clothing retailer, to file for bankruptcy with plans to close stores.

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The company has sold upscale men’s clothing – like Tommy Bahama and its own line of shirts and jackets – since 1962.

It has 11 stores in California, Nevada and Arizona, plus a temporary pop-up store in River Park near Ruth’s Chris Steak House through the end of the month.

The company announced last week that it filed for Chapter 11 bankruptcy. It’s a reorganization, not a liquidation.

Patrick James has more than $7 million in debt, and its bankruptcy was filed under a special designation for small businesses during the coronavirus pandemic.

The business was doing “extremely well” before COVID-19 hit, according to Patrick James’ bankruptcy attorney, Hagop Bedoyan of McCormick, Barstow, Sheppard, Wayte & Carruth.

“With the pandemic and closing of doors as mandated by

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Marshfield elementary school closing for at least two weeks after COVID leaves not enough staff to continue hybrid model

An elementary school in Marshfield is returning to remote learning for at least two weeks after multiple positive COVID cases.

Daniel Webster Elementary School has six positive COVID-19 cases, the Patriot Ledger reported, leaving a number of staff having to quarantine due to close contact with the people with positive case.

“With six positive cases of COVID-19 at the DWS within the past five days, and the subsequent quarantine requirements of close contacts, we do not have the necessary staffing to safely keep the building open and adequately educate our students in the hybrid model,” Superintendent Jeff Granatino said, according to the newspaper.

The district administration will revisit the decision before the two week period is up to decide if it is safe to re-open the school, the newspaper said.

This is not the first time a Massachusetts school has moved to remote learning due to a lack of staff

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H&M closing 250 sites in 2021 as virus, online sap sales

Swedish fast-fashion retailer H&M will shed 250 stores worldwide in 2021 on pandemic pressures and a customer base turning increasingly to online shopping.

The store closures are a fraction of the chain’s 5,000 locations as the retailer pivots to digital from brick-and-mortar sites to cater to stay-home shoppers, H&M officials said in a statement Thursday announcing the planned moves.

H&M said customers’ moves to online “have been accelerated by COVID-19,” forcing the chain to speed up its store consolidation plans. Meantime, about 3% of the chain’s stores remain closed while a large number are still under local restrictions on store openings or are on limited opening hours.

“More and more customers started shopping online during the pandemic and they are making it clear that they value a convenient and inspiring experience in which stores and online interact and strengthen each other,” CEO Helena Helmersson said in the statement.

H&M’s Northern

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Can’t use your gift cards? More stores are closing and have varying policies

PHOENIX — You see the “closing” signs at many shopping centers lately. More stores are going out of business as the pandemic has played havoc with their sales.

So, what does that mean if you have a gift card? Can you still use it? Well, that depends.

June Whisel did a lot of shopping at Stein Mart. The company is closing all of its stores and offering liquidation sales now.

Whisel recently found a gift card and tried to use it. “I’ve got $50 of their money in my hand and they refuse to honor it,” she says. Instead, she says the clerk pointed to a sign that showed the deadline to use gift cards had passed.

While gift cards should be treated just like cash, the rules can change if a business closing, depending on if a bankruptcy court takes over or if the business is sold.

Pier One

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Why The Fashion Retailer Is Closing 250 Locations

Fashion retailer H&M (HM-B.ST) is looking to close 250 brick-and-mortar stores by 2021 as it sees a consumer shift to online shopping.

H&M said the coronavirus pandemic has sped up the digital shift for consumers, making it necessary for it to accelerate its store closing plan. The company said a net decrease of 50 stores will occur in 2020, with 350 stores to close in 2021. This will create a net decrease of about 250 stores as just over 100 new locations will open in the same year. H&M previously announced it would be closing 170 stores in 2020. 

Based on the impact of the coronavirus, H&M said it renegotiated or exited about a quarter of its rental leases as it looks to improve rental terms at its stores. The company is the first retailer to announce store closures in October and follows location closure announcements by American Eagle, Century

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