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Tag: rapidly

The window to prevent mass unemployment is rapidly closing | Anneliese Dodds | Business

Today is the day that many businesses on our high streets have dreaded – the due date for the next quarterly rent. This is felt most acutely by those businesses that make up the backbone and character of many local communities but remain closed, such as pubs, hairdressers and restaurants. Even much-loved businesses whose customers …

The window to prevent mass unemployment is rapidly closing | Anneliese Dodds | BusinessRead More

Macy’s CEO Jeff Gennette says weak malls ‘continue to decline rapidly’

A Macy’s store at CityPlace in West Palm Beach, Florida. Getty Images Macy’s is getting out of America’s weakest shopping malls. “We see a bifurcation of malls,” Macy’s CEO Jeff Gennette told investors Wednesday during a meeting at the New York Stock Exchange. “The lower-tier malls continue to decline rapidly.” The meeting came a day …

Macy’s CEO Jeff Gennette says weak malls ‘continue to decline rapidly’Read More