Brooks Brothers reportedly seeking financing for possible bankruptcyOne of the country’s oldest apparel retailers may be moving closer to bankruptcy. Mall owner CBL issues ‘going concern’ warning as rent payments plungeCBL & Associates, which owns 108 properties, has serious doubts about its future amid skipped rent payments from retail tenants due to the COVID-19 pandemic. All G.H. Bass, Wilsons Leather stores to be liquidated in company restructuring G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. 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. Costco sales rise in May; online jumps 106.2% After a disappointing April, Costco Wholesale Corp. returned to form sales-wise in May. FedEx adds new delivery fees targeting high-volume shippers FedEx is the latest delivery provider to apply peak surcharges in response to COVID-19 volume surges. Survey: Retail winners understand the importance of store associates Retailers who outperform their peers are more likely to see a link between customer-facing employees and sales performance. Tuesday Morning secures loan as part of bankruptcy proceedings Tuesday Morning Corp. is partnering with B. Riley Financial to help support the retailer’s reorganization through bankruptcy. 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.” Landlord: 80% to 90% of non-rent-payers are national chains There are three types of bad actors among retail center tenants not paying rent, said DLC Management Corp. CEO Adam Ifshin. First Previous 436 437 438 439 440 Next Last
