Modell’s Sporting Goods’ assets acquired; to live online Study: U.S. bankruptcies on track to hit 10-year highA total of 424 U.S. companies have gone bankrupt this year as of Aug. 9. This exceeds the number of filings during any comparable period since 2010. Retail sales up in July but uncertainty remains Retail sales rose for the third straight month after a record drop in April when many stores were closed due to the pandemic. Dillard’s narrows Q2 loss even as sales fall Expense control paid off for Dillard’s in the second quarter. Done Deal: Simon – Authentic Brands buy another retail brand The retail portfolio of the joint venture between Simon Property Group and brand management company Authentic Brands keeps expanding. J.Jill gets another extension J.Jill has received two more weeks of breathing room. Coach parent in $625 million yearly loss; accelerating turnaround Tapestry reported a big annual loss but cheered investors with better-than-expected fourth-quarter results amid strong online sales. Brooks Brothers to be acquired in $325 million deal that keeps some stores open Simon Property Group has stepped in to help another bankrupt retailer. Stein Mart files for bankruptcy with store closing plans Stein Mart is the latest retail victim of the COVID-19 pandemic. Sur La Table to be acquired; some stores will stay open Sur La Table has avoided liquidation. Placer.ai: Macy’s, Penney, Dillard’s recoveries stall with pandemic resurgence Simon’s Q2 net operating income was 42% lower than in 2019 First Previous 281 282 283 284 285 Next Last
