March 29, 2024
“Logistics companies up and down the East Coast were urgently relaying messages back and forth to clients Tuesday on the status of their imports and exports after the Port of Baltimore was shut down in response to the collapse of the city’s… Continue Reading…
August 27, 2020
“Another new report out this week from Coresight Research estimates 25% of America’s roughly 1,000 malls will close over the next three to five years, with the pandemic accelerating a demise that was already underway before the new virus emerged. … Continue Reading…
July 21, 2020
“Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 stores that it could close “over time.” It did not disclose locations…… Continue Reading…
April 16, 2020
“It is not “stimulus” if there’s nothing to stimulate. With almost all states having ordered citizens to stay home and most businesses to shutter, the coronavirus “stimulus” bill passed by Congress and signed by President Trump on March 27 is really a “bridge” bill — a… Continue Reading…
March 14, 2019
“”Gap, Victoria’s Secret, J.C. Penney, Tesla and Abercrombie & Fitch. What do these companies have in common? They’re all closing stores this year. Already, 4,810 store closures have been announced by retailers in 2019, according to Coresight Research. And it’s… Continue Reading…
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