Retail


The Latest

The economy beat expectations in June, adding 4.8 million jobs, with retail and hospitality leading the way. But a surge in coronavirus infections threatens further gains. (Getty)

Retail and hospitality led June job gains as virus surged

The U.S. added 4.8 million jobs in June and the unemployment rate fell to 11.1 percent, beating economists’ expectations....

Retail and hospitality led June job gains as virus surged
New numbers from Yelp show that 140,000 businesses that closed since March 1 remain closed and that 40 percent of them permanently closed. (Getty)

Nearly 140,000 businesses on Yelp remain closed since coronavirus hit

Nearly 140,000 U.S. businesses that closed since March 1 remain shuttered, and just over 40 percent of them have...

Nearly 140,000 businesses on Yelp remain closed since coronavirus hit
The parent company of Chuck E. Cheese and GNC Holdings have filed for bankruptcy as the toll of the coronavirus pandemic continues. (Getty)

Chuck E. Cheese parent, GNC file for bankruptcy

Retailer GNC Holdings and the parent company of Chuck E. Cheese have become the latest in a string of...

Chuck E. Cheese parent, GNC file for bankruptcy
Every day that the city is shut down, is another day of bills piling up for tenants. (Illustration by Paul Dilakian)

Unpaid bills force NYC restaurateurs and landlords to come to the table

Every day that the city is more or less shut down, is another day of bills piling up for...

Unpaid bills force NYC restaurateurs and landlords to come to the table
Brookfield's Ric Clark and Simon Property Group's David Simon (Getty, iStock)

Simon Property Group, Brookfield might bid on J.C. Penney

Two of J.C. Penney’s landlords are trying to buy their way out of trouble. Mall owners Simon Property Group...

Simon Property Group, Brookfield might bid on J.C. Penney
Alicia Silverstone from the film 'Clueless', 1995, and a rendering of the Beverly Center (Credit: Paramount Pictures/Getty Images, and Beverly Center via Los Angeles Times)

For LA’s malls, lawsuits could be the next crisis

In Jacksonville Beach, Florida, 16 employees and patrons of an Irish pub were infected with coronavirus in just one...

For LA’s malls, lawsuits could be the next crisis
As retailers reopen for business, their landlords can take a breath: Some of their tenants are starting to pay rent again (Wikipedia, Flickr, iStock)

Half of deadbeat chains start paying rent again

As retailers reopen for business, their landlords can take a breath of fresh air. Their tenants are starting to...

Half of deadbeat chains start paying rent again
Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19

Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19

George Floyd died in Minneapolis on May 25 after being pinned down by three police officers — one of whom kept his knee on...

Revolts and reopenings: Gateway cities look to reestablish themselves in the era of Covid-19
A month after recording the worst single-month drop on record in April, retail sales in the U.S. rose by a record 17.7 percent in May. (iStock)

U.S. retail sales follow largest drop on record with largest increase

A month after recording the worst single-month drop on record in April, retail sales in the U.S. rose by...

U.S. retail sales follow largest drop on record with largest increase
Authentic Brands Group CEO Jamie Salter, Simon Property Group CEO David Simon, J.C. Penney CEO Jill Soltau and Brookfield Property Partners CEO Brian Kingston (Getty)

Simon, Brookfield and Authentic Brands in talks to buy J.C. Penney

J.C. Penney could be the next bankrupt retailer to get scooped up by Authentic Brands Group and the country’s...

Simon, Brookfield and Authentic Brands in talks to buy J.C. Penney
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...