In a move that was not unexpected, Neiman Marcus Group has filed for bankruptcy with an agreement that will eliminate about $4 billion of its debt and make its creditors the majority owners of its business.
Office Depot Inc. came fast out of the gate in its first quarter, with increased demand for its goods and services amid COVID-19. But it isn’t taking any chances.
Hightimes Holding Corp., owner of the iconic High Times Magazine, has named a new CEO — its third in little over a year — as it readies a move into the retail arena.
Retailers are reopening their doors on a landscape that will be changed forever. There will be a greater gulf between the winners and losers. Retail strategy firm HRC suggests five steps retailers should take to best position themselves for success.
