Kohl’s Lays Off 15% Of Corporate Staff In Wake Of Poor Q2 Results
Kohl’s has reduced its corporate workforce by approximately 15% to help it weather the impact of the COVID-19…
News September 16
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GNC Cancels Bankruptcy Auction, Seeks Sale To Investor Harbin Pharmaceutical
GNC Holdings has canceled its planned auction and will move ahead with plans to sell itself to China-based…
News September 16
Skirting Bankruptcy, J.Jill Secures $15 Million To Pay Debts And Fund Business Plan
While a raft of non-essential retailers have succumbed to Chapter 11 bankruptcy since the pandemic forced store shutdowns,…
News September 15
Amazon Adds Luxury Store-Within-A-Store Feature To Its App
Amazon has launched Luxury Stores, an AR-powered store-within-a-store shopping experience, on an invite-only basis. The Amazon app’s new…
News September 15
Amazon Opening 100 New Operations Facilities To Prep For Q4 Rush
Amazon plans to open 100 new operations facilities this month, encompassing fulfillment centers, delivery stations, sortation centers and…
News September 14
Oracle Wins Bid For TikTok, But Still Awaits Government Approval
Oracle has won its bid for TikTok’s U.S. operations, though the deal will not be an outright purchase.…
News September 14
GameStop Will Close Up To 450 Stores In Fiscal 2020
GameStop is accelerating store closure plans as part of its “de-densification” strategy. The retailer plans to shutter 400…
News September 11
Walmart Begins Testing Drone Deliveries In North Carolina
Walmart is launching an on-demand drone delivery pilot in Fayette, N.C. with a focus on select grocery and…
News September 11
JCPenney Eyes $1.75 Billion Purchase By Brookfield And Simon Property
J.C. Penney Company has entered an agreement in principle to sell JCPenney to Brookfield Property Partners and Simon…
News September 10Top Stories
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