The British empire that owns Topshop, Topman and several other brands is seeking a new buyer.
Rockefeller Center landlord Tishman Speyer has come up with a unique solution for retailer woes, a new six-month lease program. RC Capsule may have been in the works for a while; a patent application was filed back in September. Two brands, Steven Alan and Jill Lindsey, were the first new tenants to sign up for the spaces and opened this month. Pop-ups have a long history in retail, but they've become a regular part of the retail landscape in recent years.
Although Congress has not yet reached an agreement about another stimulus package, many benefits under the CARES Act are still in effect. The CARES Act, which was passed in March of this year, includes several provisions aimed to provide financial relief to U.S. households. Under the CARES Act, though, you can take penalty-free withdrawals of up to $100,000.