PYMNTS
MARCH 17, 2020
It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. In fact, last week, it was announced that the building would be the new home of the Milwaukee School of Engineering’s K-12 STEM program. But it never happened. No one ever leased from the development called Viets Field.
PYMNTS
FEBRUARY 5, 2018
The retailer said it voluntarily filed for Chapter 11 bankruptcy protection in Delaware and is exploring a sale, Fortune reported. The retailer said in a filing last week that it might have to file for Chapter 11 if it could not reach a deal with creditors.
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PYMNTS
AUGUST 27, 2018
It’s a good time to be a retail chain. Retail Ascent. Retail is on the ascent. In July, retail sales increased 0.5 Economists had only forecasted retail sales going up 0.1 percent, online and mail-order retail sales increased 0.8 Retailer Woes. Not every retailer is experiencing good times, of course.
PYMNTS
OCTOBER 12, 2018
Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. The store will also offer magic shows and a grocery shopping experience designed for kids.
PYMNTS
APRIL 20, 2018
Though the retailer has 250 locations, 38 of those stores are already in liquidation. Still, Bon-Ton said its eCommerce and mobile platforms will continue to operate as its stores are liquidated. The retailer said in a filing earlier this year that it might have to file for Chapter 11 if it could not reach a deal with creditors.
PYMNTS
DECEMBER 13, 2018
The program adds to the retailer’s Wellness Your Way platform, and was developed in partnership with GoodRx. “Kroger operates nearly 2,200 pharmacies, serving millions of customers across America. . Shopko recently revealed that it is shutting down 39 stores in 14 states.
PYMNTS
OCTOBER 11, 2018
“Prime Now delivery continues to be a hit with our customers and we’re excited to introduce the service in five new cities plus more neighborhoods in the San Francisco Bay Area,” Whole Foods Market’s executive vice president of operations, Christina Minardi, said in the announcement.
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