CBL Properties will file for Chapter 11 bankruptcy protection in concert with a pre-made restructuring agreement with its lenders that will keep all of its 108 properties open and operating.
Walmart Inc.’s business continued to surge in the second quarter, with better-than-expected sales fueled by strong demand for food and general merchandise and skyrocketing growth in e-commerce.
Most U.S. consumers aren’t planning on cutting back on holiday spending, but they are prioritizing who they purchase for and adjusting budgets accordingly.