Weekender: Belk exits bankruptcy a day after filing for Chapter 11

 
 

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Feb.​ 27,​ 2021 | A roundup of this week's most read stories
 
 
 
 
 
 
 
 
 
 
 
 

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Feb. 26 - Best Buy cuts 5K jobs | Sephora plots 260 stores

Friday, February 26, 2021

Best Buy cuts 5K jobs as it shifts to more part-time workers; Sephora plans 260-store expansion through Kohl's, owned stores; The Backroom: Amazon enters a new phase; Outdoor Voices names Urban

Feb. 25 - Target to open in-store Apple shops | Victoria's Secret plots more closures

Thursday, February 25, 2021

Belk exits bankruptcy a day after filing for Chapter 11; Victoria's Secret to close as many as 50 more stores this year; Target to roll out dedicated Apple shops inside 17 locations; Benefiting

Feb. 24 - Belk files Ch. 11 | Fry's Electronics shuts down

Wednesday, February 24, 2021

Belk files for bankruptcy, eyes lightning-fast exit; Fry's Electronics abruptly goes out of business, closes stores; Home Depot, Lowe's round out knockout year with strong Q4; The outdoors boom

Feb. 23 - Macy's bets on digital, off-price | Estée Lauder to acquire Deciem

Tuesday, February 23, 2021

Macy's mostly sticks to 'Polaris' turnaround after brutal pandemic year; Estée Lauder snaps up controlling stake in Deciem for $1B; What big-box retailers have to gain from DTC brands;

Feb. 22 - Activists seek control of Kohl's board | S&P's most vulnerable retailers

Monday, February 22, 2021

Activist group attempts Kohl's board takeover with 9 nominations; Tuesday Morning, Casper, Vince on S&P's latest 'most vulnerable retailers' list; Walmart says its automated supply

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