Women’s apparel and accessories retailer Charming Charlie hopes to have a big comeback in 2021 some 18 months after the firm fell into bankruptcy and closed all 261 of its stores. The chain — known for scarves, handbags, jewelry and more grouped by color —...
JCPenney is starting the new year with a post-Chapter 11 restart, new owners, new financing and soon will have a new CEO. But the old problems that have faced Penney and other mall-based department stores remain, and it’s not clear how (or if) the company...
New eco-friendly commerce platform Hive Brands hopes it can be sort of the Whole Foods of sustainable goods, as well as function as the equivalent of the Good Housekeeping seal of approval for ethically made products. Get the Full Story Complete the form to unlock...
As part of a three-year roadmap to close stores, Macy’s reportedly told staffers at roughly 45 locations that they will shutter by mid-2021. The department store retailer intends to close 125 stores by 2023, as unveiled in the past, CNBC reported. Get the Full Story Complete...
After reportedly missing payments amid the pandemic as shops closed for a time and occupants didn’t pay rent, Mall of America has changed the stipulations of its $1.4 billion mortgage and is current on the debt, CNBC reported. Get the Full Story Complete the form...
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With the pandemic dramatically, and potentially permanently, altering the way business is done, the future of corporate travel remains uncertain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. As this week’s Commercial Card Innovation Tracker reveals, the industry is increasingly showcasing the opportunity in value-added benefits and...
The coronavirus crisis threw a wrench in many supply chains all over the world, with organizations and their third-party logistics providers still reeling from the disruption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...