Owner of Men’s Wearhouse files for bankruptcyTailored Brands, whose store banners include Men’s Wearhouse and Jos.A. Bank, has filed for Chapter 11 bankruptcy protection. Plunge in retail rents continue on Fifth Avenue and other luxury shopping sitesAverage asking rents along 16 high-yield retail corridors in Manhattan were $688 per square foot during the quarter ending on June 30. Lord & Taylor files for bankruptcy; looking for new owner The country’s oldest department store retailer has joined the growing list of companies undone by COVID-19. Report: Neiman Marcus may exit bankruptcy by year’s end Neiman Marcus Group has received conditional approval for a reorganization plan that could have it leave Chapter 11 bankruptcy in early December. These states are having tax holidays in August According to RetailMeNot, 15 states are suspending sales tax during special events in August. Specialty apparel retailer shifts store operations to iPhones Marine Layer will run its retail store activities, including POS and inventory, on iPhone apps. Coldwater Creek calls it quits – at least for now A struggling women’s apparel retailer is closed, although a message on its e-commerce site implies a return is possible. Nest launches philanthropic division amid pandemic Nest has established a new division of the company to oversee philanthropy. Check out Nike’s new Paris flagship Nike isn’t letting the pandemic stop it from opening new store concepts. L Brands slashes 850 corporate jobs The parent company of Victoria’s Secret is trimming corporate headcount as part of a larger $400 million cost reduction plan. First Previous 415 416 417 418 419 Next Last
