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Tag: owners

Bar owners reckon with costly stop and starts as states close them down again

People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | Getty Images The list keeps getting longer.  Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again ahead of the Fourth of July weekend as Covid-19 …

Bar owners reckon with costly stop and starts as states close them down againRead More

Mall owners worried over mortgage payments as retailers skip rent

This April 25, 2019 file photo shows the exterior view of the construction site of the American Dream mall in East Rutherford, N.J. Julio Cortez | AP Retailers are worried about paying rent because of the damage from the coronavirus pandemic. And that has mall owners increasingly worried about meeting their own obligations. Mall of …

Mall owners worried over mortgage payments as retailers skip rentRead More

‘Why are people buying boob tubes’: fashion workers’ anger at owners and consumers | Business

Warehouse workers for the fast fashion brands Pretty Little Thing and Boo Hoo are begging consumers to stop ordering non-essential items such as £6 boob tubes and £8 false eyelashes after orders at one depot more than tripled in a week. Morale is said to be “rock bottom” at Pretty Little Thing’s fulfilment centre in …

‘Why are people buying boob tubes’: fashion workers’ anger at owners and consumers | BusinessRead More

Tense times for small business owners who import from China

Anne Harper, CEO of OMG Accessories, says many of the products she sells are made outside of Wuhan, where the coronavirus has been heavily concentrated. CNBC As the number of confirmed coronavirus cases and deaths around the world continues to rise, small business owners that import from China are on edge. Kyle Kirshner has been …

Tense times for small business owners who import from ChinaRead More

Under fire in India, Amazon offers small business owners $1 bln olive branch, Retail News, ET Retail

By Sankalp Phartiyal and Aditya Kalra NEW DELHI, – Amazon.com Inc CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching out to some of his fiercest critics in a goodwill visit that saw him donning traditional Indian attire and fly a kite with children. Amazon and …

Under fire in India, Amazon offers small business owners $1 bln olive branch, Retail News, ET RetailRead More

Billionaire investor Carl Icahn is placing a big bet against mall owners, report says

Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Billionaire investor Carl Icahn is placing a $400 million bet against struggling malls, taking on two of the largest investment firms, according to a report in the Wall Street Journal. Icahn stands to make millions …

Billionaire investor Carl Icahn is placing a big bet against mall owners, report saysRead More

Maurices comes out of gate strong under new owners

Maurices announced its first financial results since it sold by Ascena Retail Group. The value-oriented women’s apparel retailer, which was acquired by an affiliate of British private equity firm OpCapita in May, said that same-store sales rose 7% for its first quarter, which ended on November 2.  Maurices also experienced solid gains in margin, operating …

Maurices comes out of gate strong under new ownersRead More