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JCPenney Lands Buyer For Headquarters Sale

PYMNTS

for $450 million, and the retailer already has a buyer solidified for the sale. According to a press release , the capital markets team from commercial real estate services firm Avison Young is advising a Dallas investor in the acquisition and repositioning of the headquarters. Capital Markets for Avison Young.

Dallas 100
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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then.

Retail 78
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Whole Foods’ Big Top-Down Changes

PYMNTS

You need clarity, and clearly if you’re [struggling], what you don’t need is mixed signals coming out of the C-suite,” said David Heenan, a visiting professor at Georgetown University’s McDonough School of Business who wrote Co-Leaders: The Power of Great Partnerships with the late leadership sage Warren Bennis.

National 139
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Who were ICBA’s Top Lenders of 2022?

Independent Banker

He sensed the family’s passion and liked their idea of starting with selling milk at farmers’ markets, roadside shops and small grocery stores. In each new market opened in 2021, the community bank found an experienced ag lender who was seeking a new position. Bunnell listened. Springfield. PrimeSouth Bank. Blackshear. Sioux Center.