- Costco acquired logistics company Innovel Solutions from Transform Holdco, the operator of Sears and Kmart stores, for $1 billion in cash. Coverage from Colin Kellaher and Suzanne Kapner.
- Macy’s said it will close all its Macy’s, Bloomingdale’s and Blue Mercury stores through March 31 and will continue workers’ pay and benefits. Story by Maria Halkias.
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