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FINANCE

Coverage and analysis on finance news, including quarterly results, general retail sales and bankruptcy filings, for the retail channel brought to you by Chain Store Age.

old navy

Gap not spinning off Old Navy; exec departs

Gap Inc. will remain whole.

mens wearhouse

Tailored Brands sells rights to Joseph Abboud; designer to exit

Tailored Brands is selling the Joseph Abboud trademarks to a brand acquisition firm for $115 million. 

payless

Payless ShoeSource has emerged from bankruptcy protection with a plan to expand its global operations.

Bose store

High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint.

Target Times Square

Target Corp. surprised analysts by reporting sluggish holiday sales that missed the chain’s estimates.

sears

The current and former owner of Sears have settled a lawsuit that has been dragging on for months.

department store

Another dismal year for U.S. department stores will accelerate change in 2020.

Christmas presents

​​​​​​​Holiday sales for key general merchandise categories were disappointing despite a strong last-minute push.

gamestop

The holiday season brought no cheer to GameStop.

Build-A-Bear Workshop

Build-A-Bear Workshop had plenty to cheer about on Tuesday.

At Home storefront

At Home expects to end its fiscal year on a high note.

Five Below

New store openings will remain a priority for Five Below this year. 

The economy is positioned for steady growth this year.

casper exterior

The online startup that pioneered the mattress-in-a-box concept and helped reenergize the entire mattress category has filed for an initial public offering.

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