Finance & Capital Management

Boston -- Gordon Brothers Group announced that it has entered into an agreement with NapaStyle and its creditors to acquire the company’s assets, including intellectual property, inventory and furniture, fixtures and equipment.

Founded by celebrity chef, Michael Chiarello, NapaStyle offers handcrafted and artisanal home goods, furniture and specialty foods for decorating, entertaining, cooking, wine, garden and home enthusiasts through store, online and catalog channels.

Apparel chains focused on tweens and teens are increasingly at risk of filing for bankruptcy protection.

At least that’s the view of Michael McGrail, COO of Tiger Capital Group and a veteran retail liquidation and asset appraisal executive.

Two of the biggest names in the U.S. paint industry are combining forces.

The pace of expansion slowed at Shoe Carnival in 2015 but the company produced respectable growth against a challenging prior year comparison that has it poised to achieve a major milestone in 2016.

Gordmans Stores plans to open a new store next month in its hometown of Omaha in April, the first of five new units apparel and home décor retailer has planned for the year.

Gordmans Stores plans to open a new store next month in its hometown of Omaha in April, the first of five new units the apparel and home décor retailer has planned for the year.

Should Walmart and Costco be required to pay employees the same minimum wage?

The answer is no, at least that’s the conclusion of a new study according to the National Center for Policy Analysis, a conservative think tank based in Dallas.

Destination XL Group is seeing strong same store sales growth from its stores branded as DXL as it continues to shift away from the smaller footprint Casual Male concept.

Destination XL Group, which bills itself as the largest omnichannel specialty retailer of big and tall men's apparel, said its total same store sales increased 3.1%, but its 137 DXL stores open for more than 13 months grew comps 8.9%.