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What’s Shein Worth? It’s Not Looking Like $100 Billion Anymore

A rapidly cooling tech sector shedding tens of thousands of jobs doesn't bode well for the online fashion…

Lenders Gain Control of Homewares, Fashion Chain Matalan

When lenders take over Matalan, founder John Hargreaves loses equity in the retailer and 68 million pounds in…

Has Bed Bath & Beyond Seen Its Last Holiday Selling Season?

The retailer is working on its financial restructuring as worries grow over its future.

Mattress Giant Could File for Bankruptcy Next Month: Report

Bedding company Serta Simmons could file for bankruptcy protection as early as January, Bloomberg reported.

Bad Times for the Brits: Joules Up a Creek, M&S Surviving ‘Stormy Weather’

British fashion retailer Joules is facing a liquidity crunch as M&S cites impact of cost pressures on…

Asos Overhaul: Can 4-Point Plan Stop the Bleeding?

The e-tailer lost tens of millions of dollars this year and expects apparel sales to fall in the 12 months…

Is Bed Bath & Beyond Backed Into a Corner?

Debt exchange or default? Moody's and the home goods chain have differing points of view on the retailer's…

Halston Owner Prepped to Pounce on Acquisition Opportunities

Xcel Brands CEO Robert D'Loren said "challenges in the retail environment came suddenly." The firm is ready…

Don’t Let Cash Burn Catch You by Surprise

For restructuring expert Drew McManigle, too many companies fail to keep tabs on this all-important…

RH Heading Down Rocky Road

CEO Gary Friedman blamed interest rate increases and softening demand for the adjustment to the luxury home…

No Longer Seeking a Sale and a Savior, Kohl’s Turns to Self-Care

Kohl's is taking a break to work on itself after takeover talks with Franchise Group fell apart, it announced…

Target Shocks as Supply Chain Costs Halve Q1 Net Profits

Although Target expected consumers would refocus their spending, "we didn't anticipate the magnitude of that…

Gildan Inks Sustainability-Linked Loan

The amendment introduces an annual pricing adjustment based on the achievement of three of Gildan's Next…

Home Goods Sellers Lead Retail’s Default Risk. Why?

"Our system is twisted out of shape, and nothing is flowing like it should," furniture industry analyst Jerry…

AEO Boosts Financial Targets After Strong Holiday Season

The specialty-store retailer is raising its 2023 financial targets following a strong holiday season and…