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A review of retail in 2020: Many closures, few new businesses opening - Vimarsana News

A review of retail in 2020: Many closures, few new businesses opening

This year was not kind to anyone, especially the retail business. The COVID-19 pandemic and lockdown last spring was enough to drive an already fragile state for retail even further into the hole. Several retail chains called it quits this year, including Pier 1 Imports and Pet Valu. In Lycoming County, the Lycoming Mall lost a few more stores as it struggled to bring in business after being shutdown from mid-March to early June. The area saw few new store announcements this year. Below is a review of what has closed in our area this year, and what will be coming soon:

Kmart nationwide retailer suffers a ransomware attack - Vimarsana News

Kmart nationwide retailer suffers a ransomware attack

Kmart nationwide retailer suffers a ransomware attack By 01:08 PM US department store Kmart has suffered a ransomware attack that impacts back-end services at the company, BleepingComputer has learned. Sears Holding Corp originally owned both Kmart and Sears, but after the company filed for bankruptcy in 2018, it was purchased by Transform Holdco LLC (Transformco) in 2019.  While Kmart has been a household name in the USA, its number has dwindled over the past two years to only 35 stores remaining. Kmart Windows domain hit with ransomware BleepingComputer has learned that Kmart suffered a...