Deals

A magazine that has been calling for the legalization of marijuana for nearly 50 years is jumping into the retail business in a big way. 

Macy’s Inc. is reportedly looking to unload its 171-store Blue Mercury beauty business. 

The nation’s largest department store company is considering taking on a considerable amount of debt to help it weather the financial crisis brought on by the COVID-19 crisis.

International Council of Shopping Centers CEO Tom McGee has emailed association members and would-be exhibitors that the RECon show will not take place in 2020.

Retail was already challenged on many fronts prior to the pandemic. Now the industry is facing terrible realities that make the bankruptcies and store closures of the past few years seem tame by comparison.

Another department store retailer may be weighing bankruptcy as its stores remain closed amid the COVID-19 pandemic.

Stein Mart’s plan to go private has been derailed by the COVID-19 pandemic.