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
Latest In: Store Operations
Beyond Parking: Planning Lots For Curbside, Events And Additional Use Cases
The mass adoption of curbside pickup during the pandemic has changed the role of the parking lot as…
Features 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
Preparing For A Post-Pandemic World: How U.S. Retailers Can Leverage Space In The Low-Touch Economy
There is no doubt that COVID-19 has disrupted retail in an unprecedented way. Approximately 25,000 retail stores in…
Executive Viewpoints 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
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 10
Bankrupt Century 21, Citing $175 Million Insurance Nonpayment, Will Cease Operations
Pioneering off-price retail chain Century 21 Stores has filed for Chapter 11 bankruptcy protection and plans to shut…
News September 10
The Paper Store Emerges From Bankruptcy Under New Ownership
The Paper Store will emerge from Chapter 11 bankruptcy after less than two months. Retail-led real estate firm…
News September 9
Macy’s Electric Car Pop-Up Deploys AR For Digital ‘Test Drives’
Macy’s is expanding its pop-up shop program through a partnership with electric car brand Polestar. Shoppers can now…
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