Here's what we are reading this morning:
Gap Inc. will close 225 stores this year, more in 2021 | Retail Dive
Retail Bankruptcies Will Push Mid-Range Malls Over the Edge - Bloomberg
MGM Resorts lays off 18,000 previously furloughed employees
At least 5 states start paying $300 unemployment boost
America’s Empty Hotels Might Just Be Hedge Funds’ Next Big Short - Bloomberg
With Second Stimulus Checks on Hold, Americans Spend Less at the Grocery Store - WSJ
Murray Energy Settles Bankruptcy Fight With Rival Consol
AMC Seeks to Reacquire Theaters Sold to Avoid Antitrust Scrutiny
Retailers report record online sales during pandemic
Shiloh Industries, Inc. Enters Into Stock and Asset Purchase Agreement With Grouper Holdings, LLC, a Subsidiary of MiddleGround Capital, Files Voluntary Chapter 11 Petitions to Facilitate Transaction