- Amazon is in the mix with independent grocers to buy N.Y., N.J. Fairway locations. Story by Russell Redman.
- Macy’s said Friday that it has accessed its $1.5 billion revolving credit facility, in the midst of the coronavirus outbreak. The department store chain said it did so as a “proactive measure.” Coverage from Lauren Thomas.
- Walmart and Target are investing money in staff bonuses, paid leave, and hiring more store team members. Stories from Sarah Nassauer and Lauren Debter.
Source: Report: Amazon bids for four Fairway Market stores | Supermarket News
Source: Macy’s taps $1.5 billion credit line, suspends earnings outlook and dividends amid coronavirus | CNBC
Source: Walmart to Pay $550 Million in Staff Bonuses, Hire 150,000 Temporary Workers | WSJ
Source: Target Spends $300 Million To Give Raises, Paid Leave To Workers | Forbes