People are wearing protective face masks outside the Home Depot in the Flatiron neighborhood as the city reopens Phase 4 following restrictions imposed to slow the spread of coronavirus on August 8, 2020 in New York City. Noam Galai | Getty Images Home Depot on Tuesday reported that its quarterly …
Read More »Traders choose the prize winners ahead of quarterly versions
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 »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. …
Read More »Former McDonald’s CEO Steve Easterbrook is stepping back on business matters
Steve Easterbrook, president and chief executive officer of McDonald’s Corp., walks the grounds after a morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Wednesday, July 12, 2017. David Paul Morris | Bloomberg | Getty Images McDonald’s former CEO Steve Easterbrook shot …
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