ARTICLES BY THIS AUTHOR
- 6/4/2020
Simon Property Group sues Gap Inc. for unpaid rent
The biggest mall owner in the U.S. is suing one of its most important in-line tenants. - 6/4/2020
Amazon in $10 million donation to groups supporting justice and equality
Amazon said it will donate $10 million to 11 organizations “working to bring about social justice and improve the lives of Black and African Americans.” - 6/3/2020
American Eagle Outfitters swings to Q1 loss, but now seeing 'pent-up demand'
American Eagle Outfitters Inc. reported a wider-than-expected first-quarter loss amid store closures and “aggressive’ inventory liquidation. - 6/3/2020
Walmart temporarily removes guns, ammunition from display amid protests
Walmart has temporarily shifted some merchandise off the sales floor. - 6/3/2020
Amazon expands its air cargo fleet and on-the ground ops
Amazon keeps expanding its delivery capabilities by growing its aircraft fleet. - 6/3/2020
Parent company of New York & Company warns of bankruptcy filing
RTW Retailwinds could be the latest retailer to declare bankruptcy amid the COVID-19 pandemic. - 6/3/2020
Express Q1 loss widens; sales down 53%
Express Inc. reported a wider-than-expected fiscal first-quarter loss as revenue declined more than forecast amid COVID-19 store closures. - 6/3/2020
Food Lion to buy 62 Bi-Lo, Harveys Supermarkets stores
Food Lion is expanding its Southeast store footprint. - 6/3/2020
Sears, Kmart stores are doing a slow fade
A look at what’s left of the Sears portfolio shows that the troubled retailer’s store footprint is doing a disappearing act. - 6/2/2020
Merchants report big decline in debit/credit card volume amid COVID-19
One-quarter of all merchants experienced a drop of more than 56% in April card volume as compared to February, according to data released by The Strawhecker Group.