It is the time of retail in the spotlight. Walmart, Home Depot, Kohl’s and Target are among the names reporting this week. This comes after July in retail sales recovered all pandemic losses from coronavirus. Delano Saporu, founder of New Street Advisors, said it makes sense to stay with the …
Read More »India’s main opposition is seeking the Facebook treatment of Modi’s party
NEW DELHI (Reuters) – The main party of Indian opposition Congress called on Sunday for a parliamentary panel to investigate what it said was favorable treatment by Facebook’s India team against the ruling party of the country. FILE PHOTO: The Facebook logo can be seen in Davos, Switzerland January 20, …
Read More »New York gyms may reopen with restrictions as soon as August 24, says government Andrew Cuomo
New York Gov. Andrew Cuomo announced Monday that gyms in the state, which have remained closed for about five months, could take over new operations next week. Cuomo said gyms will be allowed to resume operations with a capacity of 33% as soon as August 24th. He added that gyms …
Read More »Barneys’ savior Authentic Brands has about $ 1 billion to buy more loyal retailers
Jamie Salter, Chairman and CEO of Authentic Brands Group LLC. Norm Betts | Bloomberg | Getty Images He helped save Barney’s from liquidation last year and plucked retailers Brooks Brothers and denim clothing maker Lucky Brand from bankruptcy this month – just warming up for Jamie Salter. “I’m in the …
Read More »Pizza Hut to close to 300 locations operated by bankrupt franchisee
A Pizza Hut restaurant is set to open on July 2, 2020 in Plano, Texas, USA. Dan Tian | Xinhua News Agency | Getty Images Pizza Hut will close up to 300 locations as part of a deal between the Yum Brands chain and its largest American franchisee, NPC International. …
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