L’Occitane files for bankruptcy; to reduce store footprintThe U.S. arm of L’Occitane en Provence has filed for Chapter 11 bankruptcy protection as it looks to cut costs and reduce its store portfolio amid pandemic-related business disruption. Belk to file for bankruptcy; looks to cut debt by about $450 millionBelk on Tuesday said it has filed for Chapter 11 bankruptcy protection with a plan to recapitalize its business and reduce its debt burden by approximately $450 million. Shipt offers one-time shopper bonuses of up to $500 A Target-owned online delivery platform is rewarding shoppers who stayed busy little elves during the 2020 holiday season. Best Buy commits $44 million to expand college, career opportunities Best Buy is expanding upon its efforts to support black, indigenous and people color (BIPOC) students. Study: Digital, e-commerce gift card sales surge during holidays Holiday shoppers flocked online in 2020, and purchased a lot of gift cards while they were connected. Report: Hudson’s Bay looking to take Saks.com public Saks Fifth Avenue’s brick-and-mortar operation may end up being a separate company from its online business. American Eagle focused on Aerie growth; to close hundreds of stores in coming years American Eagle Outfitters is focused on growing its Aerie banner as it plans for the future. Parent company of Winn-Dixie, Fresco y Mas and other banners launches IPO Southeastern Grocers Inc. has set terms for its initial public offering. Alimentation Couche-Tard drops bid for French retailer Alimentation Couche-Tard Inc. has dropped its plans to buy Carrefour SA, but the two retailers plan to look for opportunities to work together. Survey: Despite staffing problems, most stores had successful holiday Issues such as COVID-19 impacted store operations during the 2020 holiday shopping season, but most retail stores avoided a sales decline. First Previous 217 218 219 220 221 Next Last
