Target co-founds new tech training centerTarget is partnering with Minneapolis-based vocational training school Summit Academy OIC in an effort to advance racial equity in IT employment. 7-Eleven expanding store footprint with $21 billion all-cash acquisition7-Eleven has made the largest acquisition in its history and one of the largest to be announced since the pandemic began. 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. 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. 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. 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. 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. 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. 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. Brixmor acquisitions exec moves to ShopOne Chris Reed, VP of acquisitions and development for Brixmor since 2015, has moved to the ShopOne Centers REIT to perform much the same role. First Previous 418 419 420 421 422 Next Last
