Hudson’s Bay Co. shareholders receive offerA new suitor has emerged to purchase struggling department store conglomerate Hudson’s Bay Co. (HBC). GNC to close about 900 storesGNC is drastically cutting back on its mall footprint. Report: Walmart e-commerce director jumps to digital-first kids apparel startup A Walmart executive who came to the company in its purchase of e-commerce startup Jet.com is reportedly returning to his digital roots. Reuters: Penny hires advisors to explore debt restructuring options J.C. Penney is looking for help before its debt, which totals about $4 billion, comes due in the next few years, reported Reuters. Rent-A-Center buys online competitor Rent-A-Center has made a move to increase its share of the $20 billion-plus virtual rent-to-own market. Barneys reportedly exploring bankruptcy filing High rent may be taking a toll on Barneys New York. Barney’s to anchor 300,000-sq.-ft. addition to Bal Harbour Shops Miami’s legendary Bal Harbour Shops will increase in size by two-thirds. Regulatory Wrap-Up: Weekly review of retail-related legislative, judicial developments-July 1 Connecticut governor signs bill mandating 12 weeks of family leave; has .5% payroll tax and covers 95% of wages not to exceed $900/week. Chico’s gives same answer to new Sycamore bid Chico’s FAS is saying no to a lower version of a buyout offer made in May. Report: Toys ‘R’ Us workers win $2 million severance Laid off Toys “R” Us employees will reportedly receive some severance pay, after all. First Previous 98 99 100 101 102 Next Last
