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Belk Taps Don Hendricks as CEO, Replacing Nir Patel
Footwear News via AOL· 2 years agoBelk has tapped Don Hendricks as CEO, effective immediately. Hendricks joined Belk in 2016 and served as interim CEO since May 2022, when the company’s...
Belk Sues Former CEO Nir Patel for Allegedly Poaching Employees
Footwear News via Yahoo News· 2 years agoThe department store is suing its former CEO, Nir Patel, and his new employer, GameStop, over...
The Weekly Closeout: Thrasio files Ch. 11 bankruptcy and will Macy’s close its San Francisco...
Retail Dive via Yahoo Finance· 2 months agoIt’s been another week with far more retail news than there is time in the day. Below, we break down...
Tuesday Morning files for Chapter 11 bankruptcy protection; store closures expected
WSOC via Yahoo News· 1 year agoA national retailer with stores in Charlotte is filing for Chapter 11 bankruptcy protection — again....
Stores and Brands You Thought Were Dead But Aren't
Cheapism via AOL· 2 years agoTennesseePhotographer/istockphoto The pandemic accelerated bankruptcies among retailers in a big way, and even before that, many familiar names were...
Week 18: Staunton Mall continues to come down
The News Leader via Yahoo News· 2 years agoSTAUNTON — The Staunton Mall is now in week 18 of demolition. The process has taken more than four months and appears to not be complete yet. The News...
Authentic Brands Reportedly in Discussion to Purchase Bed Bath & Beyond
Footwear News via Yahoo News· 1 year agoBed Bath & Beyond is entertaining potential buyers for its home goods store chain and its Buybuy...
Staunton Mall demolition work still ongoing, no timeline for development work
The News Leader via Yahoo News· 1 year agoSTAUNTON — Hills of rubble seem to outnumber the remaining standing structures on the Staunton Mall...
Asheville Mall at 90% store occupancy after $62M sale and new ownership
Asheville Citizen-Times via Yahoo News· 1 year agoASHEVILLE - Property records indicate that the Asheville Mall is under new management after it sold...
Why are so many home retailers going private?
BUSINESS OF HOME via Yahoo Finance· 1 week agoIn recent years, the home industry pendulum has been swinging away from IPOs and toward privatization. What’s in it for retailers, and how long will they...