It was a tumultuous week for fashion retail and department stores. J.Crew and Neiman Marcus filed for bankruptcy, and we could soon see more big...
They’re reopening – but they’re dead. Or they’re fading. Or they’re awaiting a renaissance. The characterization of the future of the American mall cuts across...
JCPenney has filed a temporary restraining order against beauty firm Sephora to stop it from departing Penney’s stores that are currently closed but in the...
Amid fallout from the coronavirus pandemic, J. Crew Group Inc. has become the first major retailer to file for bankruptcy with intentions to cede control of the...
As it joins the ranks of returning merchants following COVID-19 store closures, Macy’s intends to open 68 retail locations on Monday (May 4) in states...
Long before the coronavirus struck, brick-and-mortar stores faced extinction by a combination of eCommerce and bankruptcies. More than 9,300 brick-and-mortar stores closed last year in...
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...