PREIT files for Chapter 11 protection to enable restructuringBig 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. J.C. Penney signs agreement with Brookfield, SimonJ.C. Penney has taken a big step towards its financial restructuring and emergence from bankruptcy. Tiffany, LVMH reportedly in talks to reduce deal value, settle dispute Tiffany & Co. and LVMH are discussing new terms for the U.S. jeweler’s acquisition, which could help settle the dispute between the two companies. Kroger to nearly triple its spend with diverse suppliers as part of new initiative The Kroger Co. is launching a wide-ranging diversity and inclusion plan to promote change in the workplace and the communities the grocer serves. Walmart extends credit to Marketplace sellers Eligible retailers who participate in Walmart Marketplace will be invited to apply for lines of credit offered by Goldman Sachs. DSW expands unlikely in-store, digital partnership with Hy-Vee Designer Brands Inc., parent of DSW Designer Shoe Warehouse, is moving forward with its “shop-in-shop” pilot with Hy-Vee. Walmart sets big new goal: Zero emissions by 2040 Another major retailer aims to eliminate carbon emissions from its operations in the next 20 years. Walmart provides U.S. suppliers increased renewable energy access Walmart is entering a partnership to help remove carbon dioxide from its supply chain. LVMH pulls out of mega-deal to buy Tiffany; U.S. jeweler fires back The biggest-ever deal in luxury retail is off — at least “as it stands” now. Walmart focuses on climate, waste, diversity Walmart’s 2020 Environmental, Social and Governance (ESG) report describes progress in areas including emissions, waste reduction, and leadership diversity. First Previous 25 26 27 28 29 Next Last