CBL Properties will file for Chapter 11 bankruptcy protection in concert with a pre-made restructuring agreement with its lenders that will keep all of its 108 properties open and operating.
Target Corp. crushed all estimates for its second quarter as it posted skyrocketing profits and the strongest quarterly same-store sales growth in its history amid strong digital and store growth.
Most U.S. consumers aren’t planning on cutting back on holiday spending, but they are prioritizing who they purchase for and adjusting budgets accordingly.
If there were any doubts that Home Depot sales would benefit from the home-focused environment ushered in by the global pandemic, they were erased by the company’s second-quarter performance.