Home Depot to open three new distribution centers to speed up deliveriesThe Home Depot is enhancing its supply chain capabilities to keep up with customers’ growing expectations for convenience and speed. Salon concept with innovative business model continues nationwide expansionSola Salon Studios, which offers beauty professions move-in-ready studios in a shared setting, is expanding its footprint across the U.S. via franchising. Economic recovery ‘being tested daily,’ says NRF’s chief economist Indicators suggest that the economy has begun to recover as businesses reopen from the pandemic, but it’s uncertain how steadily the comeback will continue. Publix sales soar amid pandemic; stock price jumps Publix’s sales in the first half of the year increased an estimated $2.5 billion due to the impact of the COVID-19 pandemic. Target co-founds new tech training center Target is partnering with Minneapolis-based vocational training school Summit Academy OIC in an effort to advance racial equity in IT employment. Lord & Taylor files for bankruptcy; looking for new owner The country’s oldest department store retailer has joined the growing list of companies undone by COVID-19. Plunge in retail rents continue on Fifth Avenue and other luxury shopping sites Average asking rents along 16 high-yield retail corridors in Manhattan were $688 per square foot during the quarter ending on June 30. 7-Eleven expanding store footprint with $21 billion all-cash acquisition 7-Eleven has made the largest acquisition in its history and one of the largest to be announced since the pandemic began. Owner of Men’s Wearhouse files for bankruptcy Tailored Brands, whose store banners include Men’s Wearhouse and Jos.A. Bank, has filed for Chapter 11 bankruptcy protection. Report: Neiman Marcus may exit bankruptcy by year’s end Neiman Marcus Group has received conditional approval for a reorganization plan that could have it leave Chapter 11 bankruptcy in early December. Coldwater Creek calls it quits – at least for now A struggling women’s apparel retailer is closed, although a message on its e-commerce site implies a return is possible. Amazon gains permission to launch $10B satellite project The Federal Communications Commission (FCC) has unanimously approved Amazon’s broadband satellite project. First Previous 355 356 357 358 359 Next Last
