MGM Resorts International said Friday it is sending divorce letters to 18,000 former employees across the United States, making their job cuts permanent for now. MGM’s Empire City remains closed in New York State, as does its MGM Park in Las Vegas. Casinos in Las Vegas, where MGM has an …
Read More »Gap’s turning point for face masks put $ 130 million in its registers
Men with face masks walk past a Gap store in a shopping area as the country is hit by an outbreak of the new coronavirus, in Beijing, China February 7, 2020. Jason Lee | Reuters The tailor Gap Inc. turned its supply chain early on in the coronavirus pandemic to …
Read More »Abercrombie & Fitch (ANF) reports Q2 2020 surprise profit
Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Shares of Abercrombie & Fitch rose after clothing retailer reported a quarterly gain on Thursday morning and an impressive 56% online revenue growth during the coronavirus pandemic. The …
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