Report has Amazon in talks with J.C. Penney; bankrupt chain to close 242 storesAmazon is said to be a contender for either all or parts of J.C. Penney, according to an exclusive report by WWD. Target extends $2-per-hour wage hike Target Corp. is extending the temporary hourly wage increase it enacted in response to the COVID-19 crisis to July 4. Analysis: Only bright spots in April were online, grocery In April, total retail sales plummeted by 20.9% on a year-over-year basis. Amazon opens SNAP pilot to more consumers Amazon is now accepting federal benefit payments for online grocery orders in four additional states and Washington, D.C. Casto named one of Ohio’s best employers One of Ohio’s biggest retail developers, with 65 properties in the state, is also one of its best companies to work for. 5Qs for Steve Backman on merging DCs with shopping centers As a development chief for Van Trust and Rouse, Steve Backman has overseen the delivery of more than 6 million sq. ft. of industrial space. Some Art Van stores to reopen under new banner A new player has entered the furniture store market via an acquisition. Czech billionaire takes 5% stake in Macy’s A Czech billionaire who also happens to be a professional soccer team owner is reportedly looking to shake things up at Macy’s Inc. Adobe: Grocery drives COVID-19 e-commerce surge Early consumer response to the COVID-19 pandemic included doubling their online grocery purchases. Walmart to give employees another cash bonus Walmart Inc. is rewarding its employees with a second cash bonus — bringing its total bonus payouts to $935 million — as it continues to keep up with demand amid the COVID-19 crisis. First Previous 305 306 307 308 309 Next Last
