Finance & Capital Management

Phillips Edison Grocery Center REIT III, a joint venture of Phillips Edison and Griffin Capital, has acquired its first property this year, giving it six in its portfolio.

The nation’s largest retailer of big and tall menswear has started a wholesale division.

Stage Stores is going off-price in a big way.

The parent company of Ann Taylor, Lane Bryant and other apparel brands is expecting a bigger-than-expected loss in its second quarter, weighed down by sluggish sales in its kids’ and plus-fashion businesses.

Gymboree Corp. is reportedly very close to its second Chapter 11 bankruptcy protection in less than two years.

L'Occitane International S.A. has made a big bit on a luxury British skincare brand in what it is its largest acquisition to date.

The new governor of California plans to include in his first budget the most generous parental leave requirement in the country - an expansion of the current program to six months.

Calvin Klein will close its Madison Avenue flagship in the spring as part of a total brand restructuring that includes a “digital-first” approach.