bankruptcy

Toys R Us Marks Down Merchandise Ahead Of Closures
Toys R Us Marks Down Merchandise Ahead Of Closures
June 13, 2018  |  Retail

As Toys R Us locations gear up for closure, the retailer is rolling out new markdowns at its stores. The retailer said in a Facebook...

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Claire’s To Shutter Another 130 Stores
Claire’s To Shutter Another 130 Stores
June 01, 2018  |  Retail

As Claire’s Stores seeks to attract investors and potential buyers, the retailer has gained approval to close 37 of its brick-and-mortar stores, which are primarily...

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New England Confectionery Co. Sells For $18.8M At Auction
New England Confectionery Co. Sells For $18.8M At Auction
May 24, 2018  |  Retail

Following an auction in a U.S. bankruptcy court, Massachusetts’ New England Confectionery Co. (Necco) has founded a buyer. Ohio-based Spangler Candy Company won the auction...

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Majority Of Company Leaders, Employees Leaving Toys R Us
Majority Of Company Leaders, Employees Leaving Toys R Us
May 15, 2018  |  Retail

Toys R Us CEO Dave Brandon — along with other members of the leadership team and the majority of employees—are leaving the company. A company spokesperson...

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American Apparel Rides Again In LA
American Apparel Rides Again In LA
May 08, 2018  |  Retail

American Apparel returns to L.A. with the opening of a new store on Melrose Avenue. In fact, the new location is part of an old location...

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Some US Toys R Us Locations Could Survive After Canadian Company’s $234M Bid
Some US Toys R Us Locations Could Survive After Canadian Company’s $234M Bid
May 01, 2018  |  Retail

There might be hope for Toys R Us, with a Toronto-based company looking to save some locations in both Canada and the U.S. Last Tuesday...

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The Retail Pulse: ‘Eat Fresh’ Goes Stale
The Retail Pulse: ‘Eat Fresh’ Goes Stale
April 30, 2018  |  Retail

It appears that “Eat Fresh” has gone stale. Last week, Subway — the world’s largest restaurant chain — announced it would be closing roughly 500...

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Toys R Us Will Create $156M Vendor Fund
Toys R Us Will Create $156M Vendor Fund
April 25, 2018  |  Retail

To pay vendors for merchandise shipped after its bankruptcy filing in September, a lawyer for Toys R Us said the embattled retailer will create a...

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Toys R Us Bankruptcy Hits Hasbro’s Sales
Toys R Us Bankruptcy Hits Hasbro’s Sales
April 24, 2018  |  Retail

After failing to meet Wall Street’s expectations, Hasbro blamed the Toys R Us bankruptcy for a drop in revenues in the first quarter. But the toymaker said...

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