A bill in Illinois to raise the minimum wage from $8.25 to $15/hr is facing little direct opposition. Stronger wage theft protections are also likely to be included in the bill.
Sears Holdings Corp.’s unsecured creditors were in bankruptcy court on Monday to protest Eddie Lampert’s last-minute $5.2 billion bid via his ESL Investments firm to keep the struggling company afloat.
CBL announced it had closed on $1.18 billion in financing that will allow it to avoid debt maturities coming due soon and focus its resources on renovating its portfolio of 62-plus malls.
Exhibits at the recent NRF 2019 “Big Show” conference confirm how universal artificial intelligence (AI) is becoming in retail, according to Retail Systems Research.