Nike has so far resisted direct sales on Amazon, but now it seems that, in the face of ebbing sales, the company has decided to Just Do It. “Our channel checks indicate [Nike] could be close to commencing a direct relationship selling product on Amazon.com,”...
The DoJ’s bankruptcy trustee is not thrilled with a proposal from Sports Authority to offer their executive team $1.5 million in bonus pay. According to reports, that bonus plan has raised many hackles of late — lenders, landlords, and the presiding judge all balked at the...
When a retailer goes under, it’s usually a problem for that company and its investors alone. A mom and pop shop putting a “Going Out Of Business” sign on its front door might send ripples down Main Street, but mom and pop shops and their...
Sports Authority is throwing in the towel, announcing it will be auctioning off assets and making the closure of all 463 of its remaining stores a near inevitability. It has been a long, downward spiral for sports and clothing retailer Sports Authority, but it seems...
December 21, 2018
With a potential Chapter 11 filing on the horizon, Gymboree Group Inc. is reportedly looking for a bankruptcy loan. That financing could allow some of the retailer’s stores to remain operating as the company seeks a buyer, The Wall Street Journal reported. According to unnamed sources cited in the report, it is probable that Gymboree […]
June 22, 2017
Nike has so far resisted direct sales on Amazon, but now it seems that, in the face of ebbing sales, the company has decided to Just Do It. “Our channel...
May 03, 2016
Sports Authority is throwing in the towel, announcing it will be auctioning off assets and making the closure of all 463 of its remaining stores a near inevitability. It has...
March 02, 2016
One sporting goods retailer’s bad fortune may be to a longtime competitor’s benefit. Bloomberg reports that Sports Authority — as it prepares to file for bankruptcy — is rumored to be in...
