FINANCE

Tuesday Morning Corp. filed for Chapter 11 bankruptcy protection, citing the prolonged closure of its stores amid the COVID-19 pandemic as an "insurmountable financial hurdle." 

GE is selling its most historic business. 

Everything is changing rapidly. Retailers need financing that allows them to evolve with the circumstances.

Most retailers are withdrawing their second-quarter outlooks due to uncertainty caused by COVID-19. Not Tractor Supply Co., which said it expects record-breaking sales and earnings. 

Macy’s has started refinancing procedures expected to see it through fiscal 2021.

Following two months of rapid decline, the free-fall in consumer confidence stopped in May.

Legislation has been proposed that would establish a federal program to help businesses obtain insurance coverage for pandemics.

AutoZone, whose stores remained open during the pandemic, reported third-quarter profit and sales that easily beat expectations helped by stimulus checks that fueled sales late in the quarter.