Keith Cunningham from South Carolina Walt Disney Clothing Stores at Bargain World Gift Shop near Walt Disney World, where it is undergoing a phase reopening of coronavirus (COVID-19) disease in Lake Buena Vista , Florida, July 11, 2020. Octavio Jones | Reuters Retail sales rose to a record high in …
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A pedestrian walks through a Lucky Brand retail store on July 6, 2020 in Corte Madera, California. Lucky Brand Dungarees based in Los Angeles announced that it has filed for Chapter 11 bankruptcy because the company has millions of dollars in debt. The retailer will close 13 of its 200 …
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Consumers brought in less than expected in July as a decline in car sales helped cool an economy struggling to shake off the effects of the coronavirus pandemic. Retail sales rose 1.2% in 1.2 months, against the expected increase of 2.3% in economists surveyed by Dow Jones. However, the news …
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Buyers walk past a Coach outlet store. Luke Sharrett | Bloomberg | Getty Images Coach and Kate Spade owner Tapestry said Thursday that online sales in the last four years increased a three-digit percentage from a year ago as consumers sat at home during the coronavirus pandemic to their websites …
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Off-price chain Stein Mart, which announced on Wednesday that it had filed for Chapter 11 bankruptcy protection, will officially close all its stores for good. The company’s liquidators – a team of Gordon Brothers, Hilco Merchant Resources, Tiger Capital Group, B. Riley Financial’s Great American Group and SB360 Capital Partners …
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