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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.

Hudson's Bay Co

Saks Fifth Avenue parent Hudson’s Bay to go private

Hudson's Bay Company has agreed to be taken private by a group of its shareholders after they upped their offer. 

Destination Maternity files Chapter 11, store closings likely; looks for buyer

The nation’s largest retailer of maternity wear has filed for Chapter 11 bankruptcy protection amid sagging sales, increased competition and changing customer tastes. 

Cole Haan

Cole Haan is prepping to go public.

sears

Sears has reportedly received $150 million in financing since emerging from bankruptcy in February 2019.

Cyber Monday

This year’s shortened holiday shopping season is causing shifts in spending behavior.

Brentwood Associates has sold another of its retail businesses.

Barneys New York is closer to a deal to keep its brand alive.

The ongoing U.S.-China trade war may have mildly impacted retail sales in September.

Kitchen Collection

Hamilton Beach Brands Holding Co. is winding down the retail operations of its specialty kitchenware subsidiary.

FreshDirect

Amazon and Walmart are both reportedly considering a purchase of on-demand grocery delivery platform FreshDirect.

esports

Five Below is getting on board the fast-growing esports craze.

Christmas shoppers

Physical stores will be a crucial part of a strong holiday spending season.

Allsup’s Convenience Store

Convenience store retailer Yesway is gaining more than 300 new stores in a single transaction.

Cornershop website

Uber continues to expand beyond its core ride-hailing business.  

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