Financial/Banking

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.

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

The National Retail Federation called on Congressional leaders to pass legislation that would help businesses obtain insurance coverage for pandemics modeled on a program for terrorism insurance established after 9/11.

The clock is ticking for Neiman Marcus Group.

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