Starbucks enters ambitious solar partnership in New YorkStarbucks Coffee Company is moving forward with its pledge to become “resource-positive” by launching a multi-year solar program in New York State. Mall of America is back in (show) businessMall of America in Bloomington, Minn., has been without a cinema since last spring when CMX filed for bankruptcy and closed its operation in the mall. Ralph Lauren to sell Club Monaco to private equity firm Ralph Lauren Corp. is selling Club Monaco as part of its turnaround strategy to focus on its core namesake brands. McDonald’s raising hourly pay in company-owned restaurants amid tight labor market McDonald’s Corp. is feeling the labor crunch. Kohl’s expands board at annual meeting Kohl’s Corp. has moved ahead with its plan to expand its board of directors. Saks.com gets new financing to fuel growth Sak.com is looking to capitalize on economic recovery and drive growth through a new round of financing. Gap Inc. to resume stock buybacks Gap Inc. is resuming the share buybacks that it had suspended in March 2020 at the outset of the pandemic. Amazon issues $1 billion sustainability bond Amazon is backing up its environmental initiatives with a new $1 billion bond focused on funding projects in five key sustainability areas. COVID-19 dampens retail theft losses, not criminal greed Even as temporary store closures due to the pandemic cut down on total retail theft incidents and losses, thieves stole more per incident. Macy’s plans big upgrade of Herald Square, with new office tower atop flagship Macy’s is making a big investment in the neighborhood that surrounds its most iconic store, its flagship in New York City’s Herald Square. April traffic report is optimistic about top-tier malls regaining their stature PREIT CEO Joe Coradino has a “winner-take-all” theory that lesser malls will close in most markets and better malls will capture their customers and flourish. Paper Source to be acquired by Barnes & Noble parent company A British private equity firm is making another U.S. acquisition. First Previous 282 283 284 285 286 Next Last