Survey: Only 12% of national brand tenants asked for rent abatementsThough pandemic-plagued shopping center landlords all complained of some national retail chains that refused to pay rent at all, only 12% of those willing to post their monthly payments asked for abatements. Macy’s slashes corporate, management jobs in restructuring due to COVID-19Macy's Inc. is reducing its huge workforce by about 3% in a restructuring move to cut costs as its business looks to recover from the impact of the COVID-19 pandemic. PriceSmart in store expansion PriceSmart keeps expanding its portfolio. Restaurant chain popular with young kids files for bankruptcy The parent company of Chuck E. Cheese has filed for Chapter 11 bankruptcy protection, citing the “financial strain” of COVID-19. Liquidation sales resume at Modell’s Sporting Goods Modell’s Sporting Goods has reopened its stores for a short while before closing them permanently. California center owners sue Michaels and Red Lobster for not paying rent Owners of two shopping centers in Salinas, Calif., say they’ve made COVID-19-related rental agreements with all but two of their 80-plus tenants. Sponsored Arcade to Match Up to $20,000 towards Employee Incentive Programs Find out how Arcade can help you motivate your team post-lockdown. GNC files for bankruptcy; plans to sell itself GNC Holdings Inc. has filed for Chapter 11 bankruptcy protection with plans to close at least 800 to 1,200 stores as it looks to cut its debt and restructure amid the COVID-19 crisis. Amazon takes major step against counterfeiters Amazon is creating a new team dedicated to preventing the sale of fraudulent items on its platform. Best Buy in big solar move Best Buy is making its biggest commitment yet to renewable energy. First Previous 431 432 433 434 435 Next Last
