Tag: US retail market
IKEA’s shopping malls business plans to enter US retail market
Swedish home furnishings retailer IKEA’s shopping malls business, Ingka Centres, plans to enter the United States retail market in the coming years and is...
JCPenney files for bankruptcy
JCPenney has filed for Chapter 11 bankruptcy on Friday. The 118-year-old company announced it has entered into a restructuring support agreement(RSA) with lenders holding approximately...
April retail sales drop nearly twice as much as March during...
Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when...
Retailers welcome Federal Reserve expansion of Main Street Lending Program
The National Retail Federation today welcomed the Federal Reserve’s decision to allow larger midsize businesses hit by the coronavirus pandemic to participate in its...
U.S retail industry associations unveil reopening plan
The Retail Industry Leaders Association (RILA) and the National Retail Federation (NRF), two top retail industry associations in the U.S, on Monday released a Blueprint for...
US Foods completes acquisition of Smart Foodservice Warehouse Stores
US Foods Holding Corp. (NYSE: USFD) announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse...
Retailers urge federal pandemic insurance program similar to 9/11 terrorism coverage
The National Retail Federation today called on Congress to pass legislation establishing a federal program that would help businesses obtain insurance coverage for pandemics...
New Study: Majority of Americans believe stores should reopen by end...
-First Insight Survey Finds Growing Optimism Among People Living in Coronavirus Hotspots, Men and Millennials
-Number of People Worried About Coronavirus Increases 23 Percent to...
ICSC calls on state and municipal leaders to support America’s shopping...
As the COVID-19 crisis continues to threaten the viability of the shopping center industry as stores and restaurants close to help contain the spread...
