Fiat Chrysler Automobiles NV and PSA Group shareholders signed off on a combination that’s endured two years of extraordinary drama, marked by on-again off-again talks, the transformation of their industry and a global pandemic. At separate meetings Monday, investors in both companies approved the merger to form Stellantis, the world’s fourth-largest automaker. The hurdles the […]
When it comes to store closings, 2020 was a year for the record books. Ravaged by a pandemic that shuttered stores for weeks in the spring—driving more spending online—retailers big and small closed 12,200 stores in the U.S. last year, according to a compilation released on Wednesday by commercial real estate firm CoStar Group. In […]