The news that Sephora plans to open hundreds of in-store shops at Kohl’s stores has brought a reaction from its longstanding retail partner, J.C. Penney.
The Home Depot will acquire HD Supply Holdings, a national distributor of maintenance, repair and operations products in the multifamily and hospitality end markets.
Victor Sahn has specialized in bankruptcy law going on 40 years, and he says that what’s happening in retail Chapter 11 situations during the pandemic is something entirely new.
Big mall owner PREIT has filed for Chapter 11 protection to gain access to an additional $150 million to extend its debt maturity schedule and allow it to follow through with planned strategic moves.