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Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
Meal-Kit Maker Blue Apron to Be Sold
The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership. Source link
Amazon's Makeover of Lord & Taylor Building Shows Challenge of Office Conversions
The tech company turned an Italian Renaissance-style building on Fifth Avenue into a modern office space. Source link
Consumers Are Spending Like It's 2019
Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch. Source link
Target Sales Are Punished by Pride Month Backlash
The retailer lowered profit goals for the year, and executives said they would modify the annual Pride Month promotion. Source link
Estée Lauder's Big Bet on China Is Looking Not So Pretty
Estée Lauder’s longtime chief, Fabrizio Freda, is under pressure to show he can turn around the beauty giant’s key China and U.S. businesses. Source link
Local Malls, Stuck in 'Death Spiral,' Plunge in Value
Crystal Mall’s cut-rate sales price shows how rapidly the value of America’s regional malls has deteriorated in recent years. Source link
Walmart Pays $1.4 Billion to Boost Flipkart Stake
The purchase of shares from Tiger Global valued the Indian e-commerce company at about $35 billion. Source link
Why Trucking Company Yellow Verges on Collapse
One of the oldest and biggest U.S. trucking businesses has been wrecked by a string of mergers that left it saddled with debt and has
Inside Walmart's Warehouse of the Future
Robots handle many functions at a Florida facility, from unloading trucks and scanning boxes to building and shrink-wrapping pallets for delivery. Source link