Gap said it will shutter 75 of its namesake and Banana Republic stores this year as part of a plan to close 350 North American locations by January 2024. Gap's moves will see its presence in indoor malls decline as the brand increasingly focuses on its Old Navy and Athleta brands and e-commerce accelerates. Full Story: The New York Times (5/27)
Chipotle Mexican Grill is looking to ramp up expansion as it raises its long-term restaurant potential by a considerable number. The Mexican quick-serve chain, which owns and operates all its restaura
Amazon is continuing to position itself as a provider of on-demand healthcare services. The company now offers its Amazon Care on-demand telehealth service nationwide, and will roll out in-person care
REITs can be an important source of dividends for passive income investors thanks to the specific structure of these entities, writes Liz Brumer-Smith. This article examines the rules REITs follow, hi