FINANCE

Neiman Marcus exits Chapter 11 bankruptcy

Neiman Marcus Group has emerged from bankruptcy protection, with new owners and a lot less debt.

Survey: Consumers will shop early, online this holiday season

A survey demonstrates most consumers will maintain traditional holiday spending habits, with a couple of modern twists.

Online apparel reseller Poshmark files for IPO

Poshmark Inc. is looking to go public.

Allbirds raises new funding to support store expansion, new product categories

The pandemic hasn’t put a dent in Allbirds ability to raise cash.

It’Sugar files for bankruptcy as rent default notices pile up

Even the nation’s largest candy store retailer isn’t immune to the pandemic.

Academy Sports and Outdoors sets IPO terms

Academy Sports and Outdoors is looking to raise $250 million for its initial public offering.

Costco Q4 sales climb; annual profit hits milestone

Costco Wholesale Corp. ended its fiscal year on a strong note as consumers continued to shop its stores to stock up on items amid the pandemic.

Ipsos: Consumer confidence holds steady

Consumers are not getting any more confident in the economy, but not getting significantly less confident, either.

J.Jill gets more breathing room on forbearance

J.Jill has once again received an extension on two forbearance agreements as it restructures its debt out of court.

Survey: 50% of retailers received some form of rent relief from landlords

Compromises between retailers and their landlords on outstanding rent obligations has been crucial to many retailers’ survival during the pandemic.

Rite Aid Q2 loss narrows, sales top Street; gives upbeat forecast

Rite Aid Corp. narrowed its quarterly loss as sales continued to rise during the pandemic.

Holiday sales to rise 1.0% to 2.6% but over a longer period than in years past

The traditional November to December holiday shopping season is meaningless this year — and perhaps forever.

Survey: Consumers will shop online more, spend less for the holidays

A survey indicates e-commerce retailers have a chance for a profitable holiday season — if they provide the right reasons to shop them.

Ann Taylor parent sells Catherines for $40.8 million

Ascena Retail Group Inc., whose banners include Ann Taylor, Loft and Lane Bryant, is selling its plus-size Catherines brand for more than double what it was originally offered.