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JCPenney Lenders May Make Acquisition Bid After Other Talks Falter
JCPenney’s top lenders, including H/2 Capital Partners, are preparing to make a credit bid to own the retailer as a standalone company, according to CNBC. Joshua Sussberg, an attorney with…
News September 1What Can Retailers Do To Regain Customer Trust?
As many non-essential businesses such as consumer retail locations start to reopen, it’s more important than ever that they improve and optimize cleaning operations to keep customers safe and comfortable…
Executive Viewpoints September 1How German Bookseller Thalia Paid It Forward When COVID Hit
“We’re all in this together” has been something of an unofficial motto during COVID-19, but the executives at the German bookselling giant Thalia put action behind those words. When the…
Features September 1Costco Contributes $25 Million To Black-Led Community Development
Costco is committing $25 million to an investment fund designed to empower black-led financial institutions and community development efforts. The Local Initiatives Support Corporation (LISC) rolled out the Black Economic…
News August 31Amazon Receives FAA Approval For Drone-Based Package Delivery
Amazon received approval to operate a fleet of Prime Air delivery drones from the Federal Aviation Administration (FAA), according to CNBC. The approval includes privileges that will let the retail…
News August 31Neiman Marcus All-Digital Fashion Campaign Merges Aspiration And Realism
The evolution from physical to digital has not only accelerated in retail, but also in the magazine world, where the vaunted fall fashion issues are struggling to find messages that…
News August 31Walgreens Names Former Rite Aid CEO John Standley As New President
Walgreens Boots Alliance has appointed former Rite Aid CEO John Standley as President of Walgreens, effective immediately. Standley will oversee all Walgreens operations, including the development and growth of the…
News August 31Retailwinds’ E-Commerce Properties Sold To Saadia Group In Bankruptcy Auction
Saadia Group won the bankruptcy auction for RTW Retailwinds’ New York & Company and Fashion to Figure e-Commerce business and related intellectual property for a cash purchase price of $40…
News August 31Q2 2020 Results: Digital Still Dominates As Consumers Reduce Shopping Trips
Retail’s Q2 2020 financial results saw a continuation of the trends that companies have been seeing for months: staggering upticks in online spend, greater interest in buy online, pickup in-store…
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