Thursday, May 9th, 2024

Category: News

Malls are now targeting millionaires

Suburban malls in the middle of America have been hit hard due the financial woes of anchor tenants like Macy’s (M) and JCPenney (JCP) and the slow death spiral at Sears.

America’s largest grocer is revamping its produce section

Produce is the first thing customers see when they enter Walmart and a key part of the retailer’s defense against Amazon. So Walmart is giving its produce aisles a makeover.