Long before the coronavirus struck, brick-and-mortar stores faced extinction by a combination of eCommerce and bankruptcies. Get the Full Story Complete the form to unlock...
As if closing stores, laying off workers and incurring mounting debt amid the coronavirus pandemic wasn’t bad enough, now retailers face another obstacle, Bloomberg News reported....
Amid the retailer’s reported impending bankruptcy, an investor group is intending to provide an alternative to a $600 million financing arrangement for Neiman Marcus Group and pressure...
The retail bankruptcy watch turned to some Wednesday morning quarterbacking this week, as industry experts and observers took turns assessing the current and potential damage...
To contend with the COVID-19 pandemic, Macy’s is considering raising up to $5 billion worth of debt. The retailer will look to bring in $3...
Premium jeans brand True Religion has filed for bankruptcy for the second time in three years, according to court filings. Get the Full Story Complete...
Former Rue21 CEO Bob Fisch said in a recent interview that department stores were “fossils” and belonged in museums only, and new market data doesn’t...
The dreaded “B” word has been circulating with more weight and frequency, as the week opens with nonessential retailers reckoning with life during the contagion....