Days after revealing sparse Black Friday ads, Transformco, the company that owns Sears and Kmart, announced plans to close 96 additional stores.
Money
Gap CEO Art Peck to step down in latest executive shuffle
Gap’s CEO will leave his post after a quarter in which the retailer reported disappointing sales and months before the company spins off Old Navy.
GM sells Ohio-based Lordstown Assembly plant to electric truck start-up
GM said it sold the assembly plant in Lordstown, Ohio, to a company that has plans to build an electric pickup – called the Endurance – at the site.
‘New T-Mobile’ announces budget plan for $15 monthly and 5G coming Dec. 6
T-Mobile plans to turn on its 5G network December 6. It is also planning free internet for low-income families with kids and first responders.
Sears, Kmart to close one-third of stores: 96 locations closing, $250M in financing landed
The company that owns Sears and Kmart plans to close more than one-third of its remaining large-format stores as the chains continue contracting.
Black News Channel announcement video
The Black News Channel, an original 24/7 news offering to serve African American viewers, will flip the switch in the new year.
The 5 best Amazon deals you can get this Thursday
This Thursday, you can snag incredible prices on products like noise-canceling headphones, digital meat thermometers, and personal blenders.
Best Buy releases Black Friday ad with Apple doorbusters, TV deals and early savings
Most Best Buy stores will open 5 p.m. Thanksgiving for the retailer’s Black Friday sale. But there are early deals including “Daily Doorbusters.”
Walmart, Target, Kohl’s, Lowe’s, Old Navy announce Black Friday plans
More Black Friday ads are starting to roll in. Kohl’s, Target, BJ’s Wholesale Club, Costco, Office Depot, Sears and Kmart have unveiled their ads.
J.C. Penney posts Black Friday ad with deals on small appliances, clothing, Disney toys
J.C. Penney is kicking off its Black Friday sale at 2 p.m. Thanksgiving Day, and early shoppers will be rewarded with mystery coupons.