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June 11, 2020
Buyer's remorse: Mall deal implodes as virus shakes retail
The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes ...
May 21, 2020
Pandemic highlights big box stores' ability to pivot
Late last year, Best Buy began testing curbside pickup at select stores as a way to respond to customer needs. But that was ...
May 05, 2020
What's shopping in a pandemic like? Drive to your local mall
Many Americans are getting their first taste of what pandemic shopping looks like at their local mall. Simon Property Group, ...
April 01, 2020
Macy's to be removed from S&P 500; credit rating downgraded
Its market value just a fraction of what it was five years ago, Macy's is being removed from the S&P 500 index. Macy's has ...
March 31, 2020
Macy's, Kohl's, Gap to furlough majority of their workers
Macy's, Kohl's and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work ...
March 03, 2020
Target offers solid profit outlook despite virus uncertainty
Target Corp. offered a solid annual profit outlook on Tuesday and said that it hasn't seen anything related to the spreading ...
February 25, 2020
Strong fourth quarter for Macy's heading to transition year
Macy's reported stronger-than-expected sales and profits for the fourth quarter less than a month after it announced a major ...
February 10, 2020
Now for sale at the mall ... the mall; Simon buys Taubman
As mall-based retailers struggle to compete with the onslaught from online shopping, the companies that own and manage the ...
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