Target’s Apple concept stores, Madison Reed rakes in $52M, Fry’s Electronics out of business, US retailers in $40B deferral bubble

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1. Target announces a new Apple concept store for 2021. Story by Shelley Kohan.
2. Madison Reed rakes in $52M to fuel omnichannel expansion.. Reporting from Cara Salpini.
3. Fry’s Electronics has called it quits after being in business for nearly 36 years. Coverage from Marianne Wilson.
4. After herd immunity quells the threat of COVID-19 and masks are thrown away, retailers will still be feeling the ill-effects of the pandemic, according to Andy Graiser, co-president of A&G Real Estate Partners. Story by Al Urbanski.

Source: Target Announces New Apple Concept Store For 2021 | Forbes

Source: Madison Reed rakes in $52M to fuel ‘omnichannel expansion’ | Retail Dive

Source: Fry’s Electronics goes out of business — abruptly | CSA

Source: Graiser: U.S. retailers are captured in a $40 billion deferral bubble | CSA

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