Canada's Brookfield Asset Management Inc said on Thursday it plans to invest $5 billion to revive retailers at a time when the industry is struggling due to the COVID-19 pandemic.

First J. Crew, Now Neiman Marcus. Who's Next?

05:06pm, Thursday, 07'th May 2020
(Bloomberg Opinion) -- Over the more than 100 years that luxury retailer Neiman Marcus has been in business, it’s quite likely some customers who shopped there were living beyond their means. A
BROOKFIELD NEWS, May 07, May 07, 2020 (GLOBE NEWSWIRE via COMTEX) -- Brookfield Asset Management Inc. ("Brookfield") (TSX: BAM.A, NYSE: BAM) today announced...
Neiman Marcus Group filed for bankruptcy protection on Thursday, marking one of the highest-profile collapses yet among retailers forced to temporarily close stores in response to the COVID-19 pandemi
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