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On the eve of this pandemic’s epidemic in mid-March, Kohl’s needed a new turnaround strategy it needed to unveil to Wall Street that it expected would eventually shake decades of stagnation. However, the COVID-19 epidemic, that compelled Kohl’s to shut its shops for months , thwarted these plans, rather putting the merchant in survival manner […]
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Our assignment that will assist you browse the new standard is fueled by readers. To enjoy unlimited access to our own journalism, subscribe now . In the event the Earth’s air is a tub, it’s getting near complete. The analogy is only one which Steve Oldham, CEO of Carbon Engineering, utilizes to describe what he thinks […]
Macy’s is closing 45 stores in the first wave of its turnaround plan
Almost a year ago, Macy’s announced an ambitious turnaround plan to modernize itself that included shedding about a quarter of its big department stores. Now, the retailer has announced the first tranche of those closings in a move that is gaining urgency because of the impact of the COVID-19 pandemic on its business. Macy’s will […]