Tailored Brands, Lord & Taylor take different approaches to bankruptcyLike most retailers, Tailored Brands and Lord & Taylor were significantly impacted by the lack of foot traffic due to the COVID-19 pandemic and related shelter-in-place orders. Ralph Lauren swings to Q1 loss; accelerates focus on direct-to-consumerRalph Lauren Corp. was hit hard in its first quarter by the COVID-19 pandemic, but it is using the disruption to accelerate its core strategic focus areas. Express ‘encouraged’ by early Q2 results Express provided an upbeat assessment of its second-quarter results to date. Bankrupt parent of New York & Company sells e-commerce businesses New York & Company will continue to do business, if only online. 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. Survey: Consumers shift shopping online, get personal Retailers with a strong online presence and personalization program have reason to be happy. Owner of Men’s Wearhouse files for bankruptcy Tailored 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 sites Average asking rents along 16 high-yield retail corridors in Manhattan were $688 per square foot during the quarter ending on June 30. 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. First Previous 423 424 425 426 427 Next Last
