Retail
Kohl’s fully draws $1 billion credit line for financial flexibility during coronavirus outbreak
Menomonee Falls-based Kohl’s Corp. has fully drawn its $1 billion unsecured credit facility to increase its cash position and preserve financial flexibility during the coronavirus outbreak, according to the company’s annual securities filing.
DATCP has received 34 price gouging complaints, including 7 against Menards
The Wisconsin Department of Agriculture, Trade and Consumer Protection has received 34 price gauging complaints as consumers seek to stock up on products during the coronavirus outbreak, according to a department spokeswoman.
Retailers close stores, adjust hours due to coronavirus
An increasing number of national and local retailers are temporarily shutting stores or altering hours of operation as the ongoing coronavirus outbreak and social distancing policies take a toll on businesses across the nation.
Burghardt Sporting Goods owners acquire former New Berlin Walmart building
The former Walmart building in New Berlin has been acquired by the owners of Brookfield-based sporting-goods stores Burghardt Sporting Goods.
Area grocers, retailers face unprecedented demand during coronavirus outbreak
Milwaukee-area grocery stores and other retailers have a conundrum on their hands in the face of the ever-growing novel coronavirus outbreak: Ensuring employees and customers are as safe and healthy as possible, while addressing unprecedented demand
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Kohl’s sees drop in demand in areas hit by coronavirus, but no impact to online shopping
Add coronavirus to the list of challenges already facing brick and mortar retailers.
In a securities filing on Friday, Menomonee...
Burlington in Racine relocates from Regency Mall
Burlington Stores Inc. on Friday opened a new store in Racine.
The 45,000-square-foot structure at 2433 South Green Bay Road...
Denver investor acquires four-property retail portfolio for $15 million
Denver-based Baceline Investments LLC, which has been busy buying Milwaukee-area retail properties in recent years, has added four more...
Kohl’s profits dipped 13.7% in 2019
Menomonee Falls-based Kohl's Corp. on Tuesday reported a 13.7% decrease in net income in 2019, compared to 2018, as fourth quarter sales were flat and annual revenues fell 1.3%.
