Analysis: Retail is used to existential crises, but bankruptcies can"t save it now

When Brjánn Bettencourt rolled out of bed on Wednesday morning to find the assets in his cryptocurrency portfolio slammed in their biggest selloff in years, he knew exactly what to do: buy more......»»

After decades at the center of Chicago’s retail, hospitality and real estate worlds, North Michigan Avenue faces one of its greatest challenges. Here is a block-by-block snapshot.....»»

Dallas area bankruptcy courts recorded four business filings - including two with total debts above $1 million - during the week that ended January 8, 2021. Year to date through January 8, 2021, the court recorded 0 Chapter 7 or Chapter 11 bus.....»»

Toilet-paper shortages, big-chain bankruptcies and new stay-at-home shopping habits marked a singular year for an industry upended by the pandemic......»»

St. Ann-based Save A Lot has sold 51 company-operated stores in the Tampa, Florida, market to a current retail partner, the grocer’s latest move in a wholesale transition plan......»»

From Lord & Taylor’s liquidation to the bankruptcies at Lucky Brand and Brooks Brothers, it was a horrible year for apparel sellers. Expect more carnage......»»

November retail numbers illustrate the rocky path that lies ahead.....»»

Way beyond reopening, a report from S.F. architects and experts across a range of industries imagines what it would take to keep restaurants and retail alive through a Covid-19 recovery that could last two years......»»

adznano3/Shutterstock Saudi Arabia is tripling its value-added tax (VAT) rate as part of its plan to save $27 billion amid a series of economic crises. VAT will.....»»

Blue Apron Hello and happ.....»»

Property and mall owner Brookfield Asset Management is targeting spending $5 billion to help struggling retailers, as the retail industry reels from the coronavirus pandemic, the company announced Thursday......»»

America relies on its first responders in times of uncertainty and danger, from personal crises to natural disasters. But as these heroes save lives, have you ever wonde.....»»

How companies will fare likely depends on how much cash they have available, and when their biggest loans come due......»»

How companies will fare likely depends on how much cash they have available, and when their biggest loans come due......»»

Irene Jiang / Business Insider The coronavirus pandemic is forcing thousands of retail stores to close .....»»

The coronavirus pandemic represents an "existential threat" to the entire retail sector and there will be a "fundamental changes" to the longer-term business model, Steve Sadove, former chairman and CEO of Saks, said in a Thursday read more.....»»

Associated Press As many as 2.2 million people in the United States are predicted to die from COVID-19 without mitigation, according to an analysis that the White House is using to guide its response that was released Tuesday.  Deaths.....»»

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Looking at prior health crises may not help guide thinking about coronavirus, one research group suggests......»»

Take a gander at all the sales happening this weekend and save at popular retail.....»»