Mall department stores were struggling. The pandemic has pushed them to the edge of extinction.

In the 2010s, mall owners had to navigate the growth of Apple's iPhone, Amazon's ascent and department stores' demise, among other structural shifts across the retail industry......»»

Business owners have politicians scrambling to fix a so-called ‘worker shortage’ plaguing restaurants and other low-wage industries. But workers in these fields tell a different story......»»

Despite the leisure and hospitality industry still struggling during the coronavirus pandemic, Florida’s unemployment rate continues to improve as vaccinations increase and people return to the workforce. The state Department of Economic Opp.....»»

Houston-based Stage Stores Inc. (NYSE: SSI), which owns several department store brands, has filed for Chapter 11 bankruptcy protection and is looking to sell its business. The bankruptcy filing, which was anticipated as early as February, comes les.....»»

With stores closed and the shift to online accelerated by the coronavirus, retailers are struggling, with some, like department stores, particularly vulnerable......»»

The luxury department stores had been struggling to get out from under $5 billion in debt even before the outbreak forced it to shutter all 43 of its U.S. stores......»»

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......»»

The luxury department stores had been struggling to get out from under $5 billion in debt even before the outbreak forced it to shutter all 43 of its U.S. stores......»»

Department store chain Kohl’s Corp. has started reopening in some states after temporarily closing all its store because of the Covid-19 pandemic. The Menomonee Falls, Wisconsin-based retailer announced it decided to open in Arkansas, Oklahoma.....»»

For retailers, Q1 earnings might resemble a Charles Dickens novel  as a tale of two sectors: Essential and nonessential—or perhaps.....»»

Large regional shopping centers were struggling before the coronavirus pandemic. Some might reopen with big changes. Some might .....»»

Department store stocks and other shopping mall retail stocks already struggling to compete with Amazon.com, Inc. (NASDAQ: AMZN) and other online competitors have been decimated by COVID-19 related store closures. Latest Ra.....»»

Department stores are in trouble and the coronavirus pandemic is pulling the curtain on vulnerabilities for shopping malls, the "Mad Money" host said......»»

The retail sector has been hit especially hard by the pandemic over the past six weeks, with chain stores laying off workers and landlords not collecting all or most rent from many tenants......»»

Lord & Taylor is exploring filing for bankruptcy protection after it was forced to temporarily shut all of its 38 U.S. department stores in the wake of the coronavirus outbreak, people familiar with the matter said on Monday......»»

Neiman Marcus Group skipped a debt payment due this week, the latest sign of a cash crunch pushing the U.S. luxury department store chain to the brink of a possible bankruptcy after it temporarily closed stores amid the coronavirus pandemic......»»

New York City is in danger of running out of swabs for Covid-19 tests and should only test ho… patients, the city health department said in a memo to health care providers over the weekend. “As the... To view the full story, click the title link......»»

J.C. Penney Co Inc is exploring filing for bankruptcy protection after the coronavirus pandemic forced the U.S. retailer to temporarily shut its 850 department stores, upending its turnaround plans, according to people familiar with the matter......»»

The U.S. Transportation Department on Tuesday awarded nearly $10 billion to U.S. airports struggling with a massive falloff in travel demand because of the coronavirus pandemic......»»

John Lamparski.....»»