May 12, 2020
The multi-banner retailer, which has been transitioning to an off-price business model for the past year, is throwing in the towel after the Covid-19 pandemic forced its retail stores to close.
In a lawsuit filed by his former agent, the former Duke star was asked to testify whether he or his mother or stepfather accepted anything of value from either of the sneaker giants or from persons representing Duke.
The owners have proposed an 82 game season with an expanded playoff format that would initially be played in empty stadiums.
WWW said that the measures it has taken to reduce inventory receipts, postpone non-essential CapEx, suspend share repurchases and cut operating expenses should total about $500 million, enabling it to be cash flow positive this year.
The outdoor co-op will open more than half of its stores for zero-contact curbside pick-up by the end of this week, as permitted by local regulations, and is also beginning to open some stores for limited in-store services.