retail

Mall Owners Working Deal to Save J.C. Penney From Bankruptcy

Mall owners Simon Property Group and Brookfield Property Partners are closing in on a deal that would buy J.C. Penney, and save the retail chain from bankruptcy.
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Up to 25,000 Retail Stores May Permanently Close in 2020

While stay-at-home orders are being lifted and stores are starting to reopen, it may be too late to save a number of brick-and-mortar shops. As many as 25,000 retail stores across the country could permanently shutter by the end of the year.
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Luxury Retailer Neiman Marcus Files for Chapter 11 Bankruptcy

Neiman Marcus stores officially filed for Chapter 11 bankruptcy protection today in a Houston court. The Dallas-based luxury retailer has fallen on hard times, which has been made worse by the coronavirus outbreak. Read more.
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Vineyard Vines Collection Will Now Be Sold at Target

Whale, this is great news! The iconic Vineyard Vines clothing retail company is headed to Target stores starting May 18th! According to People , a limited-edition collection will be designed for the “ultimate summer gathering, where everyone’s invited.” You will be able to find apparel and...
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