ARTICLES BY THIS AUTHOR
- 6/5/2020
Here are the 154 Penney stores that will soon close
J.C. Penney Co. has identified the first wave of its store closures. - 6/5/2020
Target donates $10 million to social justice, rebuilding efforts
Target Corp. had pledged $10 million to social justice organizations and also to community rebuilding/recovery efforts in the wake of the death of George Floyd in the company’s hometown of Minneapolis. - 6/5/2020
Victoria’s Secret U.K. division files for protection against creditors
The British arm of Victoria's Secret has fallen into administration, which is the equivalent of a bankruptcy proceeding in the U.S. - 6/5/2020
Brooks Brothers reportedly seeking financing for possible bankruptcy
One of the country’s oldest apparel retailers may be moving closer to bankruptcy. - 6/4/2020
Tuesday Morning secures loan as part of bankruptcy proceedings
Tuesday Morning Corp. is partnering with B. Riley Financial to help support the retailer’s reorganization through bankruptcy. - 6/4/2020
James Avery expands its store footprint
With the majority of its stores reopened, James Avery is expanding its portfolio. - 6/4/2020
Gap posts big loss as sales fall 43% amid pandemic
Gap Inc. swung to a $932 million net loss in its first quarter as its stores remained dark for much of the period. - 6/4/2020
Michaels swings to loss amid closed stores; ‘encouraged’ by recent trends
The Michaels Cos. swung to a first-quarter loss and missed bottom and top-line expectations as its stores went dark shuttered temporarily during COVID-19 pandemic. - 6/4/2020
All G.H. Bass, Wilsons Leather stores to be liquidated in company restructuring
G-III Apparel Group Ltd. is restructuring its retail operations segment and reducing its store portfolio to focus on its wholesale business. - 6/4/2020
Costco sales rise in May; online jumps 106.2%
After a disappointing April, Costco Wholesale Corp. returned to form sales-wise in May.