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Cache will cease operations
Los Angeles – A little more than a month after filing for Chapter 11 bankruptcy protection, specialty women’s apparel retailer Cache is throwing in the towel. Advisory and valuation services provider Great American Group (GA), which won a bid for Cache’s assets at a March 3 bankruptcy auction, has begun "going-out-of-business" sales for all Cache's retail locations in the U.S., the Virgin Islands, and Puerto Rico.
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Ross rolling toward 2,000
Ross Stores is less than two months into its new fiscal year and already the company is halfway home on its 2015 new store growth plan and asserting its long term potential.
Ross confirmed that since the beginning of its fiscal year on Feb. 1, it opened 32 Ross Dress for Less stores and five dd’s Discounts stores in 15 states.
The company’s full year plan disclosed when fourth quarter results were released on Feb. 26, calls for 70 Ross stores and 20 dd’s Discounts stores.

