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Struggling Retailers Owe $52 Billion In Overdue Rents 

Struggling Retailers Owe $52 Billion In Overdue Rents  Tyler Durden Sat, 11/21/2020 - 22:30 The virus pandemic - with its temporary and per.....»»

Category: smallbizSource: nytNov 21st, 2020

Mall owner Brookfield will spend $5 billion to save retailers

Property and mall owner Brookfield Asset Management is targeting spending $5 billion to help struggling retailers, as the retail industry reels from the coronavirus pandemic, the company announced Thursday......»»

Category: realestateSource: cnbcMay 7th, 2020

Retail Merchants Hawaii: "Black Friday has to look different this year"

When Pacific Business News last checked in with Tina Yamaki, president of the Retail Merchants of Hawaii in September, she urged that nonessential retailers were struggling following the second Oahu shutdown. Now, she says that retailers are ze.....»»

Category: topSource: bizjournalsNov 11th, 2020

Coronavirus leaves retailers struggling to pay rent

U.S. retailers are struggling to pay rent in the wake of the COVID-19 pandemic, according to the country’s largest mall operator......»»

Category: topSource: foxnewsNov 10th, 2020

Restaurant, entertainment business owners criticize Baker"s new Covid restrictions

Many restaurateurs and retailers saw Gov. Baker's new Covid restrictions announced Monday as unnecessary and hurtful to businesses that are already struggling, but a few acknowledged the restrictions make some sense......»»

Category: topSource: bizjournalsNov 3rd, 2020

Power Players 2020/New at the Helm: Stephen Yalof, Tanger Factory Outlets

Yalof's charge will be to keep Tanger's outlets occupied during a time when the retail landscape is changing and a host of national retailers are struggling or going out of business......»»

Category: topSource: bizjournalsNov 3rd, 2020

Boeing Beats As It Burns $5 Billion In Q3, Will Cut Another 11,000 Workers

Boeing Beats As It Burns $5 Billion In Q3, Will Cut Another 11,000 Workers Tyler Durden Wed, 10/28/2020 - 08:24 Boeing stock rebounded after the struggling.....»»

Category: blogSource: zerohedgeOct 28th, 2020

Amazon’s Prime Day expected to generate almost $10 billion in sales, and that doesn’t count other retailers getting in on the action

As a resul.....»»

Category: topSource: chicagotribuneOct 12th, 2020

Retailers are struggling to attract seasonal workers for what experts anticipate will be a "tough holiday season"

According to a survey of 50 major retailers by Korn Ferry, 47% said they're struggling to recruit employees amid fears of a COVID-19 second wave. Experts expect Black Friday to look quite different this year. D.....»»

Category: dealsSource: nytOct 7th, 2020

BofA: Auto Parts Retailers Have Strong Margins In $300B Market

Bank of America is out with thoughts on the $300 billion aftermarket auto parts and repair market based on survey results. read more.....»»

Category: blogSource: benzingaSep 29th, 2020

Retail Merchants Hawaii: "Nonessential businesses are struggling"

While a reopening plan was good news to many of the retailers that have had to sit on the sidelines during this shutdown — with no online sales, mail order, or contactless pick up allowed — some retailers may not be able to reopen as soon as others......»»

Category: topSource: bizjournalsSep 23rd, 2020

Home Depot cofounder Arthur Blank shares his advice for retailers struggling during the coronavirus pandemic

Retailers should be sensitive to the needs of store workers during this time, Blank said. It's also time for retailers to "look to 2021." Home Depot cofounder Arthur Blank said it's time for retailers to "look to 2021." Michael Reav.....»»

Category: personnelSource: nytSep 8th, 2020

There needs to be a reckoning in the fashion industry

Retailers have cancelled or suspended over £2.4 billion in garment orders, and they need ethical accountability to recover. FILE PHOTO: A model walks on an in-house catwalk at the ASOS headq.....»»

Category: topSource: businessinsiderSep 5th, 2020

11 of the biggest bankruptcies so far in 2020 have been major retailers. Here"s the full list.

Samantha Lee/Business Insider Retailers and other consumer-centric companies have been hit hard by the coronavirus pandemic. Of the 35 bankrupt companies that reported more than $1 billion in liabilities at the time of their filing, 11 wer.....»»

Category: worldSource: nytAug 18th, 2020

America"s biggest retailers are holding a design competition to kill the plastic bag once and for all — and winners can receive up to $100,000 for their solutions

Richard Drury/Getty Images Retailers, from Walmart to Walgreens, are holding a design competition with the goal of replacing an environmental scourge: the plastic bag.  Over 100 billion single.....»»

Category: topSource: businessinsiderJul 22nd, 2020

Walmart, Target, and CVS are trying to can the plastic bag by holding a design competition where winners can receive up to $100,000 for their solutions

Richard Drury/Getty Images Retailers, from Walmart to Walgreens, are holding a design competition with the goal of replacing an environmental scourge: the plastic bag.  Over 100 billion single.....»»

Category: topSource: businessinsiderJul 22nd, 2020

How a struggling biotech won $1.6 billion to make a coronavirus vaccine

Executives from the Bill & Melinda Gates Foundation, which helped found and finance the nonprofit, were on the line, enthusiastic about Novavax, a small biotech company they thought had the potential to develop a vaccine against the vir.....»»

Category: topSource: chicagotribuneJul 19th, 2020

Retailers are facing a $62 billion problem that has nothing to do with the pandemic

Theft and fraud cost retailers $62 billion in 2019, up from $51 billion the previous year, according to a National Retail Federation su.....»»

Category: topSource: businessinsiderJul 14th, 2020

Safeway, Albertsons parent company looks to raise $1.3 billion in IPO

With the grocery sector being one of the only retailers that has performed well during the Covid-19 pandemic, Idaho-based Albertsons Cos. is hoping investors will stockpile its shares once it hits the market this week......»»

Category: topSource: bizjournalsJun 23rd, 2020

Retailers play rent catch-up

In a tale of two commercial real estate markets, businesses are continuing to pay their while retailers are struggling to pay the bills. The , which owns nine office buildings in the city including... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 20th, 2020

Alexis Ohanian has left Reddit"s board in a "long overdue" move. Here"s how he launched Reddit into a $3 billion behemoth and became an outspoken activist in the tech world.

Pedro Fiúza/NurPhoto via.....»»

Category: topSource: businessinsiderJun 19th, 2020