Tag: Shopping malls
7-Eleven cuts 880 jobs as part of restructuring
Peter Parks | AFP | Getty ImagesConvenience store chain 7-Eleven has cut roughly 880 corporate jobs in the United States, CNBC has learned, roughly a [...]
Kohl’s says its chief supply chain officer is leaving
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's said its chief supply chain [...]
Black Rifle Coffee names former Wendy’s CEO as executive chair
Black Rifle Coffee CompanyCourtesy: Black Rifle Coffee CompanyBlack Rifle Coffee, a veteran-founded beverage company that went public earlier this yea [...]
GameStop launches NFT marketplace as it hunts for growth online
NurPhoto | NurPhoto | Getty ImagesGameStop on Monday announced the long-awaited debut of its online marketplace for nonfungible tokens, or NFTs, in a [...]
rising costs are squeezing retailers’ margins
Retail businesses in Singapore are grappling with higher costs as rents rise and energy prices soar, the Singapore Retailers Association said. Cost pr [...]
Peloton sweetens employee pay incentives as it fights to boost morale
In this photo illustration the Peloton Interactive logo seen displayed on a smartphone screen.Rafael Henrique | LightRocket | Getty ImagesPeloton swee [...]
Kohl’s real estate sale on the table after deal talks fall apart
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida.Joe Raedle | Getty ImagesKohl's might not be selling its bus [...]
Kohl’s terminates sale talks with Vitamin Shoppe owner Franchise Group: Sources
A Kohl's store in San Rafael, Calif.Getty ImagesKohl's is terminating talks to sell its business to The Vitamin Shoppe owner Franchise Group, two peop [...]
Ex-Apple exec Ron Johnson’s Enjoy Technology files for bankruptcy
Ron Johnson during a panel discussion at the CNBC Evolve New York event on June 19, 2019.Astrid Stawiarz | CNBCEnjoy Technology, a retail startup foun [...]
Why the retail industry is facing a bankruptcy wave
Revlon makeup products are displayed at a CVS store on August 9, 2018 in Sausalito, California.Justin Sullivan | Getty ImagesThe retail industry is up [...]
Franchise Group considers lowering Kohl’s bid closer to $50 a share from $60
People walk near a Kohl's department store entranceway on June 07, 2022 in Doral, Florida. Kohl’s announced that it has entered into exclusive negotia [...]
Revlon files for Chapter 11 bankruptcy protection
Daniel Acker | Bloomberg | Getty ImagesCosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cu [...]
Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion
Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, U.S., on Sunday, Nov. 7, 2021. Fallout from the global supply [...]
Simon Property CEO aims to create new sales event as inflation surges
David Simon, chairman and chief executive officer of Simon Property GroupPatrick T. Fallon | Bloomberg | Getty ImagesDavid Simon, the chief executive [...]
Why Franchise Group wants to buy Kohl’s and what could happen next
Shoppers enter a Kohl's store in Peoria, Illinois.Daniel Acker | Bloomberg | Getty ImagesA little-known conglomerate of companies including the Vitami [...]