As retailers continue to struggle during the pandemic, Kohl's announced Tuesday it has cut about 15% of it corporate jobs
Authentic Brands Group CEO Jamie Salter and Simon Property Group CEO David Simon have teamed up to buy several iconic retail brands.
I worked for Lord & Taylor in New York all throughout college
New York City retail rents have plummeted and ground floor lease availability hit record highs due to the coronavirus outbreak. FOX Business’ Lauren Simonetti with more.
When Brooks Brothers emerges from Chapter 11 bankruptcy and reorganizes under new ownership many of its 250 retail stores will almost certainly vanish in an attempt to cut costs.
All 162 Heritage Brand outlet stores will shut down by mid-2021.
Pyramid Management Group CEO Stephen Congel discusses his company operating, evolving and reopening malls in the northeast and how shoppers have reacted to mandatory masks and social distancing requirements.
Some malls across the country are converting empty store space into apartments as the trend of ‘living at the mall’ grows. FOX Business’ Jeff Flock with more.
Ascena Retail Group, the owner of brands like Lane Bryant and Ann Taylor, is preparing to file for bankruptcy as soon as this week, according to Bloomberg.
Meridian Retail Leasing president James Famularo says the outlook for coronavirus-hit retailers is still bleak, but this won’t be the end of brick-and-mortar stores.
Storch Advisors CEO and former Toys ‘R’ Us chairman and CEO Gerald Storch says signing a deal with rapper Kanye West will help The Gap brand by bringing in new shoppers and making it ‘contemporary with one stroke.’
White House senior adviser Kevin Hassett credited the Paycheck Protection Program (PPP) for the quick economic recovery after coronavirus.
FOX Business’ Cheryl Casone breaks down the May retail sales numbers, which rebounded after a drop in April.
The Simon Property group has terminated a $3.6 billion deal to buy a major rival and high-end mall owner as the coronavirus pandemic shakes the retail industry.
Bankrupt Neiman Marcus is considering selling office space in its Hudson Yards location, opened about a year ago, according to a report.
J.C. Penney is in talks to potentially be bought out of bankruptcy by private equity firm Sycamore Partners, according to Reuters.
Pier 1 expects to conclude liquidation proceedings and shut down for good by the end of October.
Moody’s Vice President and senior credit officer Charlie O'Shea provides insight into recent retail earnings reports and bankruptcy filings.
Hedge fund Mudrick Capital Management LP asked Neiman Marcus Group's independent directors on Tuesday to explore a combination with rival department store chain Saks Fifth Avenue, challenging the company's plan to reorganize under bankruptcy protection.
A bankruptcy filing would cap a long decline for the iconic 118-year-old department store chain, which has struggled with a nearly $4 billion debt load and competition from e-commerce firms.