Simon and Brookfield reportedly in $800 million deal to acquire J.C. PenneyTwo mall owners have come to the rescue of embattled J.C. Penney. Report: COVID-19 has forced brick-and-mortar brands to find their futures on the webMonths after the COVID-19 virus hit and the retail world was floored, Best Buy achieved an 81% sales retention though most of its doors were closed. Report: Former Starbucks, Nike exec to lead Sephora There’s a new person at the top at Sephora. McDonald’s veteran joins Panera Bread Panera Bread has named a 30-year veteran of McDonald’s as COO. San Francisco is going to get a new mall—from Ikea One sees more stories about old malls closing during the COVID-19 pandemic, not new ones opening. Sur La Table gets $35 million credit facility The joint venture that acquired Sur La Table has received financing to support its growth. Neiman Marcus reorg plan approved; to exit Chapter 11 by end of September Neiman Marcus Group has received court approval of its Chapter 11 reorganization plan. Coldwater Creek assets acquired by Hong Kong-based company Coldwater Creek will be revived – online and in print. Michaels ups holiday hiring The Michaels Companies is one of the first retailers to announce its hiring plans for a holiday season that is likely to be far different than years past. Lululemon Q2 tops expectations; ‘cautiously optimistic’ about remainder of year Lululemon reported a better-than-expected second quarter as consumers flocked to its website and its stores reopened. First Previous 661 662 663 664 665 Next Last
