Source: Art Van Furniture
It planned to close most of its roughly 190 stores, but going-out-of-business sales were stalled because of the pandemic. Those sales have since been able to restart at select locations. Some Art Van stores areMichael Brochstein | SOPA Images | LightRocket via Getty Images . It is also closing two stores in Florida and one in Washington. A hearing to approve Neiman's business plan to emerge from bankruptcy has been pushed back, as some of the retailer's lower-ranking creditors have raised issue over an asset transfer in 2018. When the company filed for bankruptcy, it had a little over 40 department store locations in the U.S.
Source: News Formal (newsformal.com)
Online shopping killed the mall
Clever on jcpenny to try the realestate route as land never goes away for long as a valued asset and if it was publicly traded that would raise some revenue. Also the cheaper sell and lase program works well for macys and bed bath beyond
We knew it was going to happen for JC Penney at one point or another. This pandemic just fast tracked the process
This is going to grow exponentially. The Fed didn't bail out companies they provided them with access to credit. That eventually has to be repaid. Seeing as the Senate is letting unemployment benefits lapse any possible revenue stream is about to lapse with it. Get ready.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mercury Prize 2020 Shortlist Makes HerstoryFor the first time ever, women lead in nominations \u2014 including Charli XCX, Dua Lipa and more. OK THATS HELLA SMART IM SO PROUD OF HER UGH I LOVE HER MOM
Source: papermagazine - 🏆 409. / 53 Read more »
'Taylor Swift Said Save 2020': Here Are the Best Celeb Reactions to the 'Folklore' AnnouncementCelebs from Lil Nas X to Jesse Tyler Ferguson are taking to social media to share their excitement over Taylor Swift&39;s surprise announcement. taylorswift13 queen taylorswift13 taylorswift13
Source: billboard - 🏆 112. / 63 Read more »
Valentino Suspends Reality with Its Dreamy Fall 2020 Couture CollectionShot in the famed Cinecittà Studios, Valentino's designer, Pierpaolo Piccioli, presented a livestream performance that heightened the couture experience.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
The 22 Best TV Shows of 2020 (So Far)Here are the 21 shows you must make time for in 2020, from new seasons of Schitt's Creek and Insecure to new offerings from the teams behind Downton Abbey and The Wire.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
SI Swimsuit’s ‘curviest model ever’ Hunter McGrady stars in 2020 issue: ‘I will forever be grateful’SI Swimsuit’s ‘Curviest Model Ever’ Hunter McGrady Stars In 2020 Issue: ‘I Will Forever Be Grateful’(via Fox411) Fox411 Much better! She looks GOOD. Fox411 Fox411 When did 'curvy' and 'thick' just completely replace 'fat?'
Source: TMZ - 🏆 379. / 59 Read more »
Canceled or Renewed: The Fate of Every TV Show In 2020 (So Far)The fate of Netflix’s Outer Banks was just decided… find out if your fave TV shows are safe! (via toofab) TooFab I'm going to just take a guess based on the headline. The fact that I've never heard of it and have no clue who any of those people are, I'll say, It's safe and probably renewed for many more seasons. That's how confident I am that I know nothing about what people like. TMZ Cancle all of Hollywood for all we care. Nothing but a bunch of celebrities with too many ties to Epstein. To read the article, should we put it in a table or something? Nah, make them swipe 163 times 🙄
Source: TMZ - 🏆 379. / 59 Read more »