A federal judge in Wisconsin has reportedly struck down a proposed deal that would resolve bankrupt department store retailer Shopko’s liquidation of its business.
Gap has started its fiscal year with a sobering set of numbers that show the business is still spluttering and stumbling as it aims to rebuild brand equity with consumers.
Specialty home furnishings retailer Williams-Sonoma Inc. exceeded Wall Street expectations for profit and revenue in the first quarter of fiscal 2019, but still plans to shutter some stores.
