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Dollar General names new CFO, EVP

Retail industry veteran Kelly Dilts promoted, will replace retiring John Garratt ....

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Deutsche Bank news & latest pictures from ibtimes.com

<p>Deutsche Bank AG (literally "German Bank"; ISIN: DE0005140008, NYSE: DB) is an international universal bank with its headquarters in Frankfurt, Germany. The bank employs more than 81,000 people in 76 countries, and has a large presence ....

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Oil Spill news & latest pictures from ibtimes.com

<p>An oil spill is the release of a liquid petroleum hydrocarbon into the environment due to human activity, and is a form of pollution. The term often refers to marine oil spills, where oil is released into the ocean or coastal waters. The oil may ....

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More Bad News for Malls: Godiva to Close All Stores

More Bad News for Malls: Godiva to Close All Stores
Millionacres
2/2/2021
© Provided by The Motley Fool
More Bad News for Malls: Godiva to Close All Stores
2021 is starting with more bad news for malls as Godiva announces its plan to close 128 stores across North America, including 11 stores in Canada, by March 2021. The company decided to shut their doors after seeing sales rapidly decline as shopping habits shifted from in-store shopping to online after the start of the pandemic.
This bad news comes after several other large mall tenants, like
Cheesecake Factory (NASDAQ: CAKE), Forever 21,
J.C. Penney (OTC: JCPN.Q) and California Pizza Kitchen, among many others, have either filed bankruptcy or announced their plans to close several hundred stores in malls across the nation. ....

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Francesca's to move forward with auction after bankruptcy court approval

Francesca’s Holdings Corp. will move forward with an auction after clearance from the U.S. Bankruptcy Court for the District of Delaware, which authorized the move on Friday. The Houston-based womens’ clothing retailer announced a plan to auction off its core retail locations when it filed for bankruptcy protection last month. At the same time, the company reached an agreement with Tiger Finance, an existing lender, for a $25 million. ....

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