Department store chain Lord & Taylor is closing two dozen stores for good, as it continues to seek a buyer to restructure under Chapter 11 bankruptcy protection and keep its business alive. Deals will be up to 40% short, the company said Thursday morning, as it released a full list …
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Buyers walk through the King of Prussia Mall in King of Prussia, Pennsylvania. Jennah Moon | Bloomberg | Getty Images As shoppers’ habits for consumers change, America’s shopping center has salvaged many saviors: eateries, cinemas, gyms. Grocery stores could be next on the list. Simon Property Group, the largest owner …
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An empty parking lot is seen outside a closed JC Penney Co. store on Mt. Juliet, Tennessee, Thursday, April 16, 2020. Luke Sharrett | Bloomberg | fake pictures JC Penney will fire nearly 1,000 employees as he works out a plan with his lenders to emerge from bankruptcy. The struggling …
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