Brooks Brothers is seeking court approval for a $305 million stalking horse deal it reached with SPARC Group LLC, which is partly owned by Authentic Brands Group (ABG). SPARC has also committed to acquiring a minimum of 125 Brooks Brothers stores, according to a Thursday (July...
Britain’s stores have become the envy of the retail world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
Well, now what? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...
When Indochino launched in 2007, the company wasn’t out to create a new template for the entire retail sector, just a better product with better prices and a better buying experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
For consumers who usually patronize the biggest operators of theaters in the U.S., going to the movies will mean settling into the couch for the next few weeks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A quick look at some recent earnings reports illustrates how digital innovation is softening the COVID-19 blow for quick-service restaurants (QSRs), fast-casual eateries and fast-food chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
To offer the merchandise and music of a music legend in a single destination, The Thread Shop has rolled out an eCommerce Jimi Hendrix store in collaboration with Experience Hendrix L.L.C and Authentic Hendrix LLC. The rollout comes as a result of a deal inked between the firms...
Ascena Retail Group, Inc. has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term...
Saying that “we know holiday shopping will be different this year, and we will be managing sales events differently,” Walmart this week announced that its stores will close for Thanksgiving in 2020 – a decision that would have bordered on sacrilegious at any other time....