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The United States Bankruptcy Court for the Southern District of Texas has confirmed a QVC Group prepackaged financial restructuring plan, one developed with and supported by a significant majority of its lenders and noteholders, the company announced. 

As companies shift toward balancing cost efficiency and supply chain resilience, most remain unprepared to manage ongoing disruption, new research from Institute for Supply Management and Amazon Business indicated. 

Some 62% of consumers already had started shopping by early July for an academic year that looks to set spending records, according to the annual back-to-school survey released today by the National Retail Federation and Prosper Insights & Analytics.