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....
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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...
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...
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...
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...
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...
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...
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...
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...
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...
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