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Edwin Watts Golf Shops enters Chapter 11; plans to sell company
Fort Walton Beach, Fla. -- Edwin Watts Golf Shops on Monday filed for Chapter 11 bankruptcy protection in Delaware, with the intention of selling the operating assets of the business.
The company, owned by private equity firm Sun Capital Partners, listed estimated liabilities and assets of $100 million to $500 million.
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Retailers lag in omnichannel as holiday hiring grows
Shoppers continue to integrate digital devices into their lives and crave an equally integrated experience from retailers, but satisfying this heightened set of ominchannel expectation remains a work in progress for most retailers.
Few retailers have a well-defined omnichannel strategy with most professing to be in the development phase, according to a global consulting firm Hay Group. This rather worrisome insight was among the key findings in global consuling firm Hay Group’s 7th annual holiday hiring survey.