Confirmed: J.C. Penney in $1.75 billion deal to sell retail and operating assetsJ.C. Penney Company is seeing light at the end of the tunnel with the help of two biggest landlords. Starwood misses debt payments, loses five mallsStarwood Capital Group missed as many as four payments on a $549 million commercial mortgage-backed security it used to buy a distressed group of seven malls in 2013 and, as a result, has lost five malls in an open bid. Simon and Brookfield reportedly in $800 million deal to acquire J.C. Penney Two mall owners have come to the rescue of embattled J.C. Penney. Report: Former Starbucks, Nike exec to lead Sephora There’s a new person at the top at Sephora. August sees uptick in retail rent collections, but total’s still below 80% Retail center landlords received 79.7% of their rent checks in August, just a two-percentage-point improvement over July. Penney’s lenders to make bid for chain It’s close to crunch time for embattled J.C. Penney. J.C. Penney expands curbside pickup The struggling department store retailer is bringing its “Style on the go” omnichannel shopping program to more stores. Retail bankruptcies subside, but will return with a vengeance in Q1 2021 Retailers whose businesses have been devastated by the pandemic but who have enough cash on hand to remain in operation through the holidays will do so. Web strategist: Walmart is far ahead of Amazon in the last mile Not too many years ago, Walmart’s e-commerce operations were largely overshadowed by Amazon. Study: U.S. bankruptcies on track to hit 10-year high A total of 424 U.S. companies have gone bankrupt this year as of Aug. 9. This exceeds the number of filings during any comparable period since 2010. First Previous 17 18 19 20 21 Next Last
