Retail
The impact of COVID-19 has stretched into the 2020 fall semester, back-to-school preparations looking dramatically different compared to last year. With varied school reopening plans and policies occurring across the Kansas City metro and U.S., one broad similarity is the…
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A relaunch of Payless includes the drop of ShoeSource from its name – as well as a move from its Topeka, Kan. headquarters to Miami, Fla. Payless’ new home in Florida will also be where the company intendeds to open…
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On Thursday last week Ascena Retail Group Inc. , filed for Chapter 11 bankruptcy protection. Ascena is the parent company of seven different apparel brands including Ann Taylor, LOFT, Lou & Grey, Lane Bryant, Cacique, Catherines, and Justice. The company announced the same day a debt…
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The 50 individuals you’ll meet in the following pages bring to an even 500 the number of Sunflower State residents from all walks of life who have been singled out for their over-sized contributions to business success, civic engagement, philanthropic…
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Restaurants around the country are rehiring employees after the layoffs they dealt with major layoffs due to the COVID-19 pandemic. Yum! Brands' Taco Bell, for example, is looking to hire 30,000 new workers this summer. Meanwhile, Dunkin' Donuts is looking…
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The retail industry has certainly had some tough times during the COVID-19 pandemic, as well as before the virus started in the United States. Now, J. C. Penney, which operates seven stores and a distribution center in the Kansas City…
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People protesting the death of George Floyd have shifted the position from the Country Club Plaza area to City Hall, in Downtown Kansas City. In the wake of protests in Kansas City due to the death of George Floyd, the…
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In the wake of the problems that AMC Theatres is facing due to the COVID-19 pandemic, other theater chains are feeling the same pain and are worried about how to reopen safely. Other chains are facing similar problems throughout the…
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Retailers are increasingly being sued due to missed rent payments that stem from their closures during the COVID-19 pandemic. The latest high-profile case is against apparel chain Gap Inc. by Simon Property Group, the country's largest mall owner. For its…
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John Sweeney is a brokerage executive with Reece Commercial in Kansas City. Q. What’s your sense of how bankruptcies by major retailers will affect the market here? A. It will affect landlords and employment most of all. There remain plenty…
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