Retail

Mall of America will lay off or furlough hundreds of employees

“When the year began, no one could have predicted the enormous challenges we would face as a business, a community and as a nation,” an MOA spokesperson told FOX Business in a statement. “While we continue to make progress at Mall of America, the road to recovery is going to be slow.”

Century 21 files for bankruptcy, to close all stores

The decision to "wind down of its retail operations" was made after the company's insurance providers failed to pay $175 million that was due under policies put in place to protect them from losses resulting from the COVID-19 pandemic.

No fun at Gamestop after big sales drop

Videogame and collectibles retailer GameStop Corp. reported a larger-than-expected 27% sales drop and a wider adjusted loss for the second quarter amid the pandemic.