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Chico’s FAS

Chico’s Cuts Down on Sourcing Agents, Bumps Store Closures to Possibly 330

Chico's FAS already trimmed its supplier base by 20 percent in 2020, and increased its store closures target…

How the GameStop Short Squeeze Roiled Retail Stocks

Traders on the hunt for heavily shorted stocks have turned their attention to retailers such as Express and…

Chico’s Takes a Page from Amazon’s Book With Same-Day Delivery

The parent to Soma and Chico's rolls out same-day delivery as Adobe sees holiday shoppers flocking to…

Will Chico’s Pivot to Casual Clothing Curtail Bottom-Line Losses?

The women's wear retailer known for polished, work-friendly fashion is attempting to court customers with…

Chico’s Canadian Operation Filed for Bankruptcy, All Stores Set for Closure

Significant losses have forced Chico's FAS to call it quits on its Canadian subsidiary.

Chico’s Q1 Sales Tumble 45%, But Says Inventory Hustle Pays Off

After months of lockdown, the women's wear and accessories retailer expects 80 percent of its stores to be…

This Is Why Chico’s Believes Shoppers Will Return to its Stores

The women's apparel retailer will re-open stores beginning Monday, closely following NRF and federal…

Chico’s Works to Mitigate Tariffs Amid Supply Chain Transformation

Soma was the standout in the quarter as Chico's works on its sourcing and supply chain initiatives and…

Soma’s Taking Bra-Fitting “Femtech” to the Masses with New Partnerships

Soma is attempting to bring its tech-powered fit-measuring bra to the masses.

Chico’s Rejects Sycamore’s $353.8 Million Reduced Buyout Bid

Chico's said the offer substantially undervalues the company and fails to recognize the full value of its…

Chico’s Makes Corporate Governance Change Amid Acquisition Bid

As Chico's fields a bid to buy its business, the company is making changes to its corporate governance, which…

Sycamore Submits Lower Bid for Chico’s, With Deal Value Now at $353.8 Million

Sycamore Partners has made a third attempt to acquire Chico's, and the last two bids have resulted in lowered…

Chico’s Shifts Vendor Base and Sourcing to Speed Up its Supply Chain

Chico's has been working on reducing its number of vendors, changing its supply chain processes and moving…

Chico’s Board Rejects $407.8 Million Offer From Sycamore Partners

Sycamore Partners got rebuffed twice by the Chico's board, which concluded that the two unsolicited offers…

Sycamore Offers $3.50 a Share for Chico’s FAS in Deal Valued at $407.8M

Sycamore Partners is pushing ahead on a plan to acquire Chico's FAS, but the current offer is lower than its…