Office Depot swings to loss in Q2 but still beats StreetOffice Depot’s ongoing transformation to a more business-services oriented company continues to be a drag on its bottom line, even as the company managed to beat analysts’ expectations. Barneys lands new lenders for better financingBarneys New York has secured new financing to continue operations as it looks for a white knight. Barneys files for bankruptcy; will close most stores Barneys New York filed for bankruptcy protection with a plan to shrink its store footprint as it looks to find a buyer to breath new life into its struggling operations. Petco growing in-store vet hospitals Petco is expanding its wellness services for pets. Shopko Optical has big expansion plans Shopko has gone out of its business as a discounter, but its optical division is not only alive but expanding. Analysis: Experts weigh in on Barneys’ bankruptcy filing The $75 million loan that Barneys seeks approval of from Gordon brothers and Hilco comes at a high interest rate with generous fees. Bankruptcies pushing up job cuts — especially in retail Job cuts announced due to bankruptcy have hit the highest level since 2009. Walmart reportedly to sell off Modcloth Online indie and vintage-inspired women’s apparel retailer Modcloth may soon have a new owner. New York Post: Avenue may shutter all stores Plus-size retailer Avenue Stores is running on borrowed time. Apparel retailer faces delisting Ascena Retail Group is in danger of being listed from the Nasdaq Stock Market. Regulatory Wrap-Up: Weekly review of retail-related legislative, judicial developments-August 5 National study shows 67% of Americans support increasing the federal minimum wage to $15/hr. Fed plans faster payments The on-demand model is coming to payments and settlements. First Previous 449 450 451 452 453 Next Last
